WHOOPS: UK Q4 GDP Misses Big Time, As Growth Unexpectedly Goes Negative

Queen Elizabeth UK

Photo: AP

Weird!Analysts were looking for 0.5% GDP but the UK reported -0.5%.

Needless to say that’s a shocker.

Get ready for a lots of talk about double dips, the wisdom of austerity, etc.

The UK pound just plunged on the news.

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