Tag: uk economy
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The UK economy grew just 0.8% in May as manufacturing troubles caused the rebound to lose steam
UK car production plunged in May, official data showed. Owen Humphreys – PA Images/Getty Images The UK economy grew 0.8% in May compared with April, much slower than economists had expected. Car production was hit hard by a global microchip shortage, official figures showed on Friday. Economies are contending with bottlenecks as demand surges with…