Impact of Middle East conflict shows in 0.1% shrinking of economy
The East Midlands Chamber has said the war in the Middle East is likely to have influenced the first contraction in GDP in months and renewed its call for greater support to help the region’s businesses during tough trading conditions. The latest estimated figure for April, published by the Office for National Statistics, follows growth of 0.3% in March. East Midlands Chamber Director of Policy and Insight Richard Blackmore said: “While a contraction in GDP was widely anticipated by economists, […]