British economy slows sharply to 0.3pc growth in Q1

LONDON: Britain's economy grew far slower than expected in the first quarter of 2015, official data showed Tuesday, delivering a blow to the government just nine days before a general election.

Gross domestic product expanded by 0.3 percent between January and March compared with GDP growth of 0.6 percent in the fourth quarter of 2014, the Office for National Statistics said in a statement. Analysts' consensus had been for a slowdown to only 0.5 percent in the first quarter, according to Bloomberg News.