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The UK economic output stagnated in the third quarter as higher interest rates damped spending and investment, though the economy likely escaped a recession this year. ....
The UK economy contracted in June on weaker out-turns in the services and industrial sectors, suggesting that the region is heading for a mild recession in the second half of the year. ....
Finance Minister Nirmala Sitharaman on Saturday met UK Trade Secretary of State Kemi Badenoch and discussed bilateral investment and free trade agreement (FTA). ....