Survey: UK economy loses steam in Q1-2016

The BCC’s Quarterly Economic Survey says both services and manufacturing companies faced a drop in domestic demand. The report follows a series of bleak data since the start of the year, with a sharp decrease in industrial output and fading consumer confidence. The survey still indicated a small economic growth, but warned of potential downside risks. According to the B-C-C’s survey, manufacturing exports rose slightly while services exports slumped to the lowest since the end of 2011. The group cited growing global and domestic uncertainties as reasons for the weak outlook. Watch Live: http://www.presstv.ir/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel SoundCloud: https://soundcloud.com/videosptv