March: Growth Rate and Parliament

march: It was also flat over a wider three-month period, according to the Office for National Statistics, according to The Guardian. The annual growth rate also slowed to 0.7%, the weakest since March 2012. He said that after parliament passed the prime minister's deal this would unleash a tidal wave of funds that are waiting to be invested in Britain once we end the uncertainty . Background Gross domestic product GDP the broadest measure of economic activity, failed to grow in October from the previous month. Javid said that Labour would hold two referendums next year to keep the country stuck in neutral . John McDonnell, the shadow chancellor, said that a Conservative election victory would mean five more years of economic failure and stagnation . Reality Much more than Brexit will dictate the future pace of economic growth, though the political impasse has had a significant impact. A slowdown in the global economy amid heightened trade tensions between the US and China has also had an impact. Economists believe Brexit uncertainty has sapped business investment in particular. (news.financializer.com). As reported in the news.