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Zero growth: UK economy slows to halt in April ahead of general elections
Credit: IndiaTimes- Published 3 weeks ago
UK economy stagnates in April before elections. Labour Party criticises PM Rishi Sunak. Economist Paul Dales comments on GDP impact. Britain rebounded from recession earlier this year with growth in first quarter. Economy faced mild contraction due to heightened inflation.
Video credit: ODN
Published 3 weeks ago - 01:02
Shadow Chancellor: UK economy โflatlinedโ in April
The UK economy recorded no growth in April, according to the Office for National Statistics. Gross domestic product was flat during the month, following growth of 0.4% in March, the ONS said. Responding to the figures, Shadow Chancellor Rachel Reeves said: โThe Prime Minister says the economy has turned a corner, but the numbers today show that the economy is flatlining, there is no growth at all. It is this prime minister that has presided over this state of affairs." Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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