World Business Quick Take - Taipei Times
UNITED KINGDOM <strong>Q3 growth disappoints</strong> The economy grew more slowly than previously thought in third quarter, before the Omicron variant of SARS-CoV-2 posed a further threat to the recovery later in the year, official data showed yesterday. GDP increased 1.1 percent in the July-to-September period, weaker than a preliminary growth estimate of 1.3 percent. That was slower than the economy’s 5.4 percent bounce-back in the second quarter, when many COVID-19 restrictions were lifted, the Office for National Statistics said. Business investment fell 2.5 percent in the t...