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Britain's economy slows to near-stall pace in April

Published Thu, May 5, 2016 · 09:50 PM
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London

BRITAIN'S economy slowed in April and may stall as consumers worry about June's referendum on whether Britain should remain a member of the European Union (EU), a survey of the dominant services industry showed on Thursday.

If last month's weakness persists, overall British economic growth may be just 0.1 per cent in the second quarter, down from quarterly growth 0.4 per cent in the first three months of this year, financial data company Markit said.

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