New Economy
Thursday, 7/16, 07:31 PM
UK Economy Grew Just 0.1% in May, Barely Recovering From April's Dip
- Britain's economy expanded 0.1% in May, official figures show, a tepid rebound from a matching 0.1% contraction in April.
- Growth came entirely from services, while factory output fell, leaving the economy limping along as the Bank of England weighs its next move on interest rates.