Elena Nikulina

Darren Grimes: Britain GDP growth at 0 percent as economy stalls

Darren Grimes: Britain GDP growth at 0 percent as economy stalls
Britain economy growth at zero percent

Britain's economy showed no growth in January, with GDP unchanged at 0 percent.

Darren Grimes notes this outcome fell short of economists' expectations for 0.2 percent growth and sees it as another indication that the economy is stalling. Grimes attributes the weak performance to months of tax increases, rising costs, and declining business confidence, and suggests that the growth promised by Labour is not materializing.

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