Economics

Missed Brexit Deadline Creates Volatile Quarter for U.K. Economy

  • GDP falls 0.2% as stockpiles shrink, manufacturing plunges
  • Current-account deficit narrows as imports return to normal
Brexit Uncertainty Is `Killing the Economy': AllianzGI
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The U.K. economy experienced major distortions in the second quarter after firms stockpiled goods in the run-up to the original March 29 Brexit deadline, figures published Monday show.