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Sunak's Hopes For 'Bounceback' Fade As UK Economy Flatlines In April
The Guardian
|June 13, 2024
The UK economy flatlined in April, held back by wet weather, as the signs of a recovery from last year's recession began to fade.
In a blow to Rishi Sunak's hopes of signalling a strong bounceback before the general election on 4 July, the Office for National Statistics (ONS) said monthly growth stalled after a 0.4% increase in March.
The economy was unable to maintain its momentum after being weighed down by the struggling retail sector, a downturn in manufacturing and a drop in construction output.
The 0% growth figure matched the forecast by City economists, who blamed the heavy rain for the lack of shoppers and the difficulties faced by workers on building sites.
Diese Geschichte stammt aus der June 13, 2024-Ausgabe von The Guardian.
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