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UK growth disappoints despite further easing of Covid restrictions

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UK quarterly GDP growth slowed to 1.3% in the third quarter, compared to 5.5% in the previous quarter – disappointing consensus estimates of 1.5%. Similarly, on a year-on-year basis, growth has slowed to 6.6%, again below consensus estimates of 6.8%. Household spending rose 2% and was the biggest contributor on…

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