Amid mounting uncertainty over Brexit, the British economy slowed last year to its weakest growth rate since 2012 in the aftermath of the global financial crisis, official figures released Monday show. The Office for National Statistics said the British economy grew by only 0.2 per cent during the fourth quarter, down from the 0.6 per cent tick recorded in the previous three-month period. The British economy largely held up better than expected in the immediate aftermath of the vote to leave the European Union in June 2016. The economic slowdown should not be blamed entirely on Brexit, British Trade Minister Liam Fox said on Monday. "Clearly there are those who believe that Brexit is the only economic factor applying to the U.K. economy.

Source: CBC News February 11, 2019 10:56 UTC