UK economic growth slows sharply in 2015: data

British economic growth slowed sharply last year, dented by global financial turbulence, but showed modest signs of recovery in the final quarter, official data showed Thursday. "Despite turbulence in the global economy, Britain is pushing ahead. Osborne had warned earlier this month that Britain's economy faced a "dangerous cocktail of new threats" such as falling commodity prices, recessions in Brazil and Russia and rising tensions in the Middle East.