Britain now 'perilously close' to recession as Brexit uncertainty reigns

Read More On The Mirror

The UK might, by the skin of its teeth, avoid entering recession when the official figures come out next month.

There’s good news – sort of – with official figures showing that in July the economy grew a tiny amount.

According to the Office for National Statistics, Britain was 0.3% more productive than in the same month the year before.

Construction, manufacturing and the all-important services sectors all grew, although agriculture fell. 

Thanks to this growth it means the UK economy produced exactly the same amount as the year before over three months.

Read the full story here.

PHP Code Snippets Powered By :