As the UK’s gross domestic product (GDP) fell by 0.2% in the second quarter of 2019, while political pressure is mounting on Boris Johnson’s new government to avoid the catastrophic consequences of a “no-deal” Brexit.
The decline in the UK’s GDP is the first of its kind since the last quarter of 2012 and is worse than original projections of zero growth.
On Friday, the British government underscored the significance of the global economic slowdown, pointing to expectations that the UK is o...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|