Independent TV
Showing now | News
00:27
Economist claims wet weather is reason UK GDP flatlined in April
The UK economy recorded no growth in April after wet weather dampened consumer spending, according to the Office for National Statistics (ONS).
Gross domestic product (GDP) was flat during the month, following growth of 0.4 per cent in March, the ONS said.
The figures present a headache for Rishi Sunak, who has pegged much of his general election campaign on a recent record of an economic bounceback under his Conservative government.
The sluggish momentum follows an estimated 0.6 per cent GDP growth in the first quarter of 2024, pulling the UK out of a small recession at the end of last year.
Up next
01:51
Gérard Mestrallet on the challenges of bringing infrastructure to the region of AlUla
02:07
Sir George Iacobescu, chairman of the Canary Wharf Group on the investment into the historic region of AlUla
02:00
Oliver Ripley of sustainable hotel group Habitas talks about how AlUla challenged his preconceptions of Saudi Arabia
02:09