Productivity in Britain contracted at the fastest annual pace in five years duri...
FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, 2018. REUTERS/Simon Dawson/File Photo
LONDON - Productivity in Britain contracted at the fastest annual pace in five years during the second quarter, according to official data on Tuesday that underline a persistent weak spot in the economy. Output per hour worked fell 0.5% year-on-year in the April to June period after stagnating in the first three months of 2019, the biggest drop since the second quarter of 2014, the Office for National Statistics said.Reporting by Andy Bruce, editing by David Milliken
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