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British Economy Sputters And Struggles Through First Quarter

  • The British economy grew a paltry 0.1% from January through March.
  • Several sectors actually declined, while construction and technology services were the only areas of growth.
  • Major strikes significantly hampered economic activity across the country.
  • The economy remains smaller than before the pandemic and is projected to barely expand through June.
  • Growth is expected to pick up slightly in the coming years but still remain tepid, according to the Bank of England.
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