The UK is back in recession after a surprise 0.2% contraction in the economy in the first quarter of the year, official figures revealed today.
The decline in gross domestic product (GDP) was driven by the biggest fall in construction output for three years, while the manufacturing sector failed to return to growth, the Office for National Statistics (ONS) said.
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(Independent) UK back in recession
The UK is back in recession after a surprise 0.2% contraction in the economy in the first quarter of the year, official figures revealed today.
The decline in gross domestic product (GDP) was driven by the biggest fall in construction output for three years, while the manufacturing sector failed to return to growth, the Office for National Statistics (ONS) said.
Read it all.