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EU slashes UK growth outlook for 2017 over Brexit ‘uncertainty’

The EU on Thursday slashed Britain’s growth forecast for this year, AFP reported. It also said the slowdown would continue through 2019 as uncertainties over Brexit weigh on the economy. Growth in Britain had “slowed markedly” in 2017 and was projected to fall to 1.5 percent for the year, according to the EU’s autumn forecast, down from 1.8 percent in its spring forecast.