U.K. economy contracts in the second quarter as cost-of-living crisis bites - CNBC

8/12/2022 12:00:00 AM2 years 8 months ago
by Elliot Smith
by Elliot Smith
The U.K. economy contracted in the second quarter of 2022, although by less than economists expected.
The U.K. economy contracted in the second quarter of 2022, as the country's cost-of-living crisis hit home. Official figures published Thursday showed that gross domestic product (GDP) shrank by 0.1… [+1535 chars]
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