Texas economy

UK economy shrinks in Q2, heightening recession fears | app

LONDON (AP) — The United Kingdom’s economy contracted in the three months to June, figures showed Friday — a weaker-than-expected contraction that nonetheless added to jitters about the tough months ahead.

The Office for National Statistics said Britain’s gross domestic product fell 0.1% between April and June, compared with growth of 0.8% in the previous quarter. GDP fell 0.6% in June and growth estimates for May have been revised down from 0.5% to 0.4%.

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