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UK slashes 2019 economic growth forecast: Budget

AFP  |  London 

Britain on Wednesday slashed it forecast for its economic growth this year, as minister said lifting uncertainty was parliament's "most urgent task".

The UK economy is forecast to grow by 1.2 per cent this year, down on the government's prediction of 1.6 per cent in October, Hammond said as he gave a budget update hours before MPs vote on whether to allow the country to leave the EU with no deal.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 13 2019. 20:08 IST