UK economic growth slows in third quarter

The British economy expanded by 0.5 per cent in the third quarter of 2016

UK economic growth cooled as manufacturing contracted for a third quarter and construction shrank the most since 2012, a sign that Britain may be falling prey to global headwinds.

Gross domestic product expanded 0.5 per cent in the three months to September from the previous period, when it grew 0.7 per cent, the Office for National Statistics said in London on Tuesday. The median estimate in a Bloomberg News survey of economists was ...