UK's lagging economy lost more speed in September, worse ahead
LONDON (Reuters) - Britain’s economy grew by a slower than expected 1.1% in September from August, lagging other rich nations as it struggled to recover from the shock of the pandemic even before the latest COVID-19 lockdown.
The slowdown in Thursday’s official data cemented expectations that the economy will shrink again as 2020 ends, with uncertainty about the Dec. 31 deadline for a post-Brexit European Union trade deal adding to the coronavirus drag.