Economics
U.K. Growth Weakens in Blow to Cameron in Tight Election Battle
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U.K. economic growth slowed more than economists forecast in the first quarter, dealing a potential blow to Prime Minister David Cameron’s claim that his Conservative Party is best placed to manage the recovery.
The 0.3 percent pace released on Tuesday was just half the rate of the previous three months and marked the weakest reading since the fourth quarter of 2012. Economists had forecast growth of 0.5 percent, according to a Bloomberg News survey.