UK Economy Struggles with Inflation and Slow Growth

The UK economy grew by 0.1% in Q1 2023, matching the slow pace of growth in the previous quarter, driven by construction and information services. Strike action weighed on the economy, as doctors, civil servants, teachers, and rail workers walked off the job to protest low pay and other working conditions. The small expansion has cemented the improved outlook for Britain’s economy, but with just 0.1% growth, the economy is still sluggish and slightly smaller than it was at the end of 2019, before the coronavirus pandemic.