UK economic growth slows before election

Britain’s economic growth probably slowed in early 2015, official data showed yesterday, potentially making it harder for prime minister David Cameron to persuade voters to trust his party to run the economy.

UK economic growth slows before election

Industrial output barely grew in February, hit by a big fall in oil and gas production, and construction output shrank, according to official data that was weaker than forecast.

The numbers mean overall UK economic growth in the first three months of 2015 is likely to show a slowdown when figures are published nine days before the May 7 election. The pound fell to its lowest level against the dollar in five years after the data. Government bond prices rose.

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