The UK economy grew at a slower pace than first estimated between July and September, revised figures show.
The Office for National Statistics (ONS) said during the quarter before Omicron took hold, the economy grew by 1.1%, rather than 1.3%, as Britain emerged from lockdown.
It blamed weaker consumer spending, and the impact of energy companies going out of business.
The economy is now 1.5% smaller than it was before the coronavirus pandemic.
Gvt actually claimed the boom would be epic as everyone smoothly returns to their old habits
clowns
Still plenty of time for shit to get worse.
really showed the EU what’s what.
Shitshow
I imagine it could have been far worse. The economy just needs some confidence again.
4 comments
The UK economy grew at a slower pace than first estimated between July and September, revised figures show.
The Office for National Statistics (ONS) said during the quarter before Omicron took hold, the economy grew by 1.1%, rather than 1.3%, as Britain emerged from lockdown.
It blamed weaker consumer spending, and the impact of energy companies going out of business.
The economy is now 1.5% smaller than it was before the coronavirus pandemic.
Gvt actually claimed the boom would be epic as everyone smoothly returns to their old habits
clowns
Still plenty of time for shit to get worse.
really showed the EU what’s what.
Shitshow
I imagine it could have been far worse. The economy just needs some confidence again.