UK GDP growth report to show economy slowing ahead of Brexit – business live

Rolling coverage of the latest UK growth figures, released at 9.30am

8.55am GMT

The pound is coming under a little pressure this morning, dipping by a third of a cent against the US dollar to $1.291.

That suggests traders expect an underwhelming GDP report this morning – weak growth lowers the chances of an early interest rate rise.

Related: Brexit: May has ruled out Corbyn’s customs union plan – minister

8.48am GMT

Latest UK GDP growth figures out today. Consensus is that the economy grew by 0.3%q/q (1.4%y/y) in the final quarter of 2018. Expect a lot of focus on economic uncertainty. Frequency of news mentions is as high as it was at the time of the 2017 General Election. pic.twitter.com/6oD6TBvSUB

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Source: The Guardian
UK GDP growth report to show economy slowing ahead of Brexit – business live