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The Guardian - UK

Business

Heather Stewart

Bleak economic data shows UK plc in trouble well before Middle East crisis

United Kingdom Rachel Reeves the Middle East Oil Economy GDP

a builder in a hi-viz vest scales timbered slats on a roof being built — Growth in the UK construction sector has slowed rapidly. Photograph: Rui Vieira/PA

Even before Donald Trump’s Operation Epic Fury on Iran unleashed higher oil prices, threatening the outlook for growth and inflation, the UK economy was flatlining.

That’s the bleak message in the latest data from the Office for National Statistics (ONS), which showed zero GDP growth in January.

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Hurricane Isaias makes landfall in Florida with severe effects expected across several states

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The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump fumes over Nobel peace prize snub and criticizes Norway

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