U.K. Economic Growth Probably Slowed to 0.5 Percent

Britain’s economic growth probably slowed in the fourth quarter as the recovery’s momentum ebbed before Prime Minister David Cameron’s government steps up its budget squeeze.

Gross domestic product rose 0.5 percent after a 0.7 percent increase in the third quarter, according to the median forecast of 33 economists in a Bloomberg News survey. Another report may show the budget deficit widened in December, according to a separate survey. The Office for National Statistics will publish the figures at 9:30 a.m. in London today.