UK Economy Sees Steeper Slowdown in Third Quarter

UK Economy Sees Steeper Slowdown in Third Quarter
UK economic growth slowed more sharply than first thought between July and September, official figures show Damien Eagers/PA
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UK economic growth slowed more sharply than first thought between July and September and fears are mounting that Omicron and accompanying control measures will send the recovery into reverse.

The Office for National Statistics (ONS) said the economy expanded by 1.1 percent in the third quarter, compared with an initial estimate of 1.3 percent.