A main driver of the U.K.'s GDP contraction was the 10.2% Y/Y drop in mining and energy output due to the extended outage at the Buzzard oil field, the North Sea's largest. But the Elgin gas field, which has been out for almost a year after a leak, could be back up within days or weeks. And the helicopter fleet used to ferry workers to the remote offshore rigs should return to service by April.
A main driver of the U.K.'s GDP contraction was the 10.2% Y/Y drop in mining and energy output...
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