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2018 saw UK economy expand at slowest rate since 2012

The ONS (Office for National Statistics) reported that the growth in 2018 was 1.4% down from 1.8% in 2017. Even more worryingly this is the lowest rate since 2012. According to the ONS, quarterly growth also slowed, falling to 0.2% in the three months to December - down from 0.6% in the three months to September. A decline in car production and factory output were some of the main factors that caused the slower growth. Head of GDP at the...

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