Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country's strong exports.
The free trade agreement between the world's fifth and sixth largest economies has come into effect - can it deliver?
The UK signs a new services deal with Switzerland it says will increase exports by £5.2bn annually "in the long run".
The US has confirmed it will not extend the agreement for another 16 years, but stopped short of more dramatic action.
A decade ago, many economists argued the UK would sustain longer-term economic damage by leaving the EU. So what did happen?
Company boss Andew Moss says he does not think the country is ready to make the move yet.
Japanese firms will spend billions on UK infrastructure and offshore wind, Downing Street says.
Industry figures briefed on the move said the idea has not been taken forward at this point, after EU scepticism.
The deal will remove an estimated £580m worth of tariffs from British exports, but rights groups are critical
