UK economy lags behind G7 after 2017 growth rate cut | The Daily Star
12:00 AM, February 23, 2018 / LAST MODIFIED: 12:00 AM, February 23, 2018

UK economy lags behind G7 after 2017 growth rate cut

Britain's economy was weaker than previously thought in 2017, official data showed on Thursday, leaving the country lagging further behind the global recovery as it prepares to leave the European Union.

The downgrade of the full-year and fourth-quarter growth rates also raised questions about the strength of the economy as the Bank of England prepares to raise interest rates. 

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