2018 saw UK economy expand at slowest rate since 2012

Joe Mellor - 11 February 2019

The ONS (Office for National Statistics) reported that the growth in 2018 was 1.4% down from 1.8% in 2017. Even more worryingly this is the lowest rate since 2012.

According to the ONS, quarterly growth also slowed, falling to 0.2% in the three months to December – down from 0.6% in the three months to September.

A decline in car production and factory output were some of the main factors that caused the slower growth... See more