British economy paying price of sterling slump

Price increases blamed as growth slows to lowest level for a year

Sterling has weakened since the Brexit referendum. Pic: Getty

A downturn in the key service sector slowed growth in the British economy to its lowest level for a year in the first quarter asvoters prepare to go to the polls in a general election.

Though the British economy proved more resilient than many official forecasters had expected after the Brexit referendum – sparking bitter criticism from those in the Leave campaign – more recent figures have indicated that the sustained weakness in ...