Editor in Chief: Moh. Reza Huwaida Thursday, April 19th, 2018

UK Economy Continues Stable Growth despite Brexit Uncertainties

UK Economy Continues Stable  Growth despite Brexit Uncertainties

LONDON - The British economy continues to show stable growth, with the uncertainties around Brexit failing to blunt GDP expansion, according to a report issued on Friday afternoon.
The British economy grew by 0.5 percent over the three months up to the end of January, according to figures from the National Institute of Economic and Social Research (NIESR).
The NIESR, an independent London-based economic think-tank, said in its latest report that British economic activity picked up in the second half of 2017 after a period of subdued growth in the first half of the year. The recovery was driven by both the manufacturing and the service sectors, supported by a buoyant global economy, while construction output continued to lag, the report said. (Xinhua)