UK economy contracts as households cut spending - Financial Times

8/12/2022 12:00:00 AM2 years 8 months ago
by Chris Giles
by Chris Giles
Second-quarter GDP falls by 0.1% as cost of living crisis takes hold and health sector output drops
The UK economy contracted in the second quarter, with households cutting spending as the cost of living crisis began to bite and health sector output falling as Covid cases and testing declined. Gr… [+3673 chars]
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