Britain’s economy grew at the slowest pace for a year at the start of 2022, as official figures showed a contraction in March amid mounting fears that the cost-of-living crisis may plunge the UK into recession.
The Office for National Statistics (ONS) said gross domestic product (GDP) rose by a weaker-than-expected 0.8% between January and March, down from growth of 1.3% in the previous three months and the weakest since the first quarter of last year.
