UK economy grows at 0.1% in March

The UK economy in March 2022 grew at a monthly pace of just 0.1% compared with 0.8% the previous month. This was against analysts forecasts of 0.3% for March. The slowdown was attributed to the healthcare sector, supply chain disruption and abnormally strong weather events which impacted the tourism industry. Regardless of the reasons this highlights how close the UK economy is to stalling and with the cost of living increasing in April there remains more  challenges to UK GDP increasing over the year with more probability that GDP in the UK will slow into reverse at some point.