Britain faces 0.4% growth amid recession concerns
Expectations of a 0.4% growth in the British economy during the second quarter, supported by temporary factors such as heatwaves and the World Cup. However, experts warn that the underlying momentum may fade due to a declining labor market and rising household service bills. Growth is expected to slow down to nearly zero in the third quarter due to domestic and external challenges, particularly the fallout from the Iranian conflict and increasing energy costs.
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