UK economy 'only going to get worse' as growth slowdown begins - CNBC

Sterling hit a two-year low versus the U.S. dollar following the GDP data as traders digested growing uncertainty about the U.K.'s economic outlook.

The U.K. economy shrank by 0.1% in March and the situation is expected to worsen as the country's cost-of-living crisis escalates. LONDON A growth slowdown is underway in the U.K. after the economy … [+4572 chars]

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