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Podcast: Beyond Currency
Episode: 14 April 2023 - Strikes drag economy to a standstill
Description: The UK economy stagnated in February as the country had zero growth for the month which led to a rise of just 0.1% in the year to date. The reason for this lack of growth is mostly due to the strikes which have been called in several public sectors of the economy.
The latest strike by junior doctors which has seen a four-day walkout this week looks to be the most contentious. Nurses and train drivers have accepted offers recently.
After monthly growth of 0.4% in January, the economy had been expected to post further growth and the zero number disappointed the...