Cyprus Mail17 Jul 2026

Economic growth remains fragile as Britain faces political change

Economic growth remains fragile as Britain faces political change

Britain’s economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence among ‌businesses against the backdrop of the Iran war and a change of prime minister at home.

Gross domestic product expanded by 0.1 per cent in May, in line with the median forecast in a Reuters poll of economists and reversing a 0.1 per cent fall in April, official data showed on Thursday....

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