UK economic growth flatlines in April

ONS finds poor weather dampened consumer spending

Eve Maddock-Jones
clock • 2 min read
UK overall rainfall in April was 155% of the long-term average according to the Met Office's Monthly Climate Summary.
Image:

UK overall rainfall in April was 155% of the long-term average according to the Met Office's Monthly Climate Summary.

The UK economy stagnated in April after 0.4% growth in March, according to the Office for National Statistics (ONS).

April's data was impacted by the higher than average rainfall for the month which hampered consumer spending, the ONS said. UK overall rainfall in April was 155% of the long-term average, according...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pre-Budget pension tax speculation could be 'damaging' to outcomes

Pre-Budget pension tax speculation could be 'damaging' to outcomes

Conjecture driving savers to withdraw ‘excessive funds’

Jenna Brown
clock 07 October 2024 • 3 min read
Yorkshire Inclusive Pensions Professionals group to launch

Yorkshire Inclusive Pensions Professionals group to launch

Network will aim to increase awareness and visibility of diversity within pensions industry

Jonathan Stapleton
clock 04 October 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Royal London enters BPA market, TPR report, two risk reduction deals, and Enplan adds scheme to consolidation platform

Professional Pensions
clock 04 October 2024 • 1 min read
Trustpilot