UK financial development slowed as US President Donald Trump’s tariffs hit and companies grappled with larger prices, official figures present.
A measure of the whole lot produced within the economic system, gross home product (GDP), expanded simply 0.3% within the three months to June, in accordance with the Workplace for Nationwide Statistics (ONS).
It is a slowdown from the primary three months of the 12 months when companies rushed to organize for Mr Trump’s taxes on imports, and GDP rose 0.7%.
Warning from clients and better prices for employers led to the most recent decrease development studying.
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