28.04.2015 - The British economy grew by 0.3% in the first quarter
Today was published preliminary data on GDP growth in the UK according to which in the first quarter of this year, the economy grew by only 0.3%, compared with an expected growth of 0.7%. It is worth noting that the growth rate slowed to 2.4% per year. Experts forecast an increase of 2.7% over the year. Analysts are trying to predict the impact of GDP growth on the results of the elections to the Parliament of the United Kingdom, from which depends the future of interest rates in the UK. We predict that the current growth of the pound will slow down in the near future and maintain the medium-term negative outlook.