Economists said GDP growth, which indicates how much national income has expanded, could fall by up to 0.2% in the first quarter of the year, halving the expected 0.4% growth rate. “Netting out these effects leads us to suggest that UK output is reduced by around £1bn per day, compared to normal,” it said. The Office for National Statistics (ONS) calculated that the extreme weather knocked 0.5 percentage points off GDP growth. But the construction industry struggles to make up for lost time and bad weather tends to delay projects permanently, says the CPA. Beast from the East meets Storm Emma, causing UK's worst weather in years Read moreA spokesman for Glasgow airport said last week’s snowfall was double the previous record of 18cm in 1996.

Source: The Guardian March 03, 2018 19:18 UTC