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The Independent UK
The Independent UK
National
Henry Saker-Clark

Omicron drags UK economy to slowest growth in 11 months

PA Wire

Growth in the UK economy slowed to its lowest in 11 months as the spread of Omicron variant weighed on consumer activity, according to early economic data.

The IHS Markit CIPS flash UK composite PMI report came in at 53.4 for January so far, representing the lowest figure since the UK was in lockdown last spring.

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