Reuters logo
5 years ago
GDP data shows difficult economic situation - Treasury
January 25, 2013 / 9:47 AM / 5 years ago

GDP data shows difficult economic situation - Treasury

LONDON (Reuters) - Britain still faces a very difficult economic situation, the finance ministry said on Friday in response to official data showing a bigger-than-expected 0.3 percent fall in fourth-quarter GDP.

"It confirms what we already knew -- that Britain, like many European countries, still faces a very difficult economic situation," the Treasury said in a statement.

"While the economy is healing, it is a difficult road."

Reporting by David Milliken and Olesya Dmitracova

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below