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UK economy contracts in 2nd quarter as recession fear grows

UK economy contracts in 2nd quarter as recession fear grows

Fri, Aug 12, 2022

The Office for National Statistics said Britain's gross domestic product fell by 0.1% between April and June, down from 0.8% growth in the previous quarter. GDP shrank by 0.6% in June, and growth estimates for May were revised down from 0.5% to 0.4%.

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