UK economy slowed more than thought in Q1
Rising inflation boosted by last year's Brexit vote has taken a toll on household spending
London
BRITAIN'S economy slowed more than previously thought in the first three months of 2017 as rising inflation boosted by last year's Brexit vote took a toll on household spending, official figures showed on Thursday.
Just two weeks before Britons go to the polls in an early election called by Prime Minister Theresa May, the Office for National Statistics said Britain's economy expanded at its slowest rate in a year in the three months to the end of March.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Thai power demand hits record as extreme heat prompts warnings
Philippines denies deal with China over disputed South China Sea shoal
‘Everyone sits out’: Yangon parks offer heatwave relief
When US diplomats visit China, meal choices are about more than taste buds
China’s first-quarter industrial profits rise at slower pace
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia