UK economy unexpectedly flatlines for second month in row

11-09-2024 12:41 1 Minutes reading Negative -0.97
<p>Pre-election slowdown continues in July despite economists predicting growth of 0.2%</p><ul><li><a href="https://www.theguardian.com/business/live/2024/sep/11/uk-economy-gdp-figures-us-inflation-business-live">Business live – latest updates</a></li><li><a href="https://www.theguardian.com/politics/live/2024/sep/11/pmqs-keir-starmer-labour-rishi-sunak-conservatives-latest-uk-politics-live-updates">UK politics live – latest updates</a></li></ul><p>The anticipated post-election bounceback in the UK economy failed to materialise as activity flatlined in July for a second month, according to the latest official data.</p><p>The Office for National Statistics (ONS) said the pre-election stalling of activity in June was followed by another month in which gross domestic product remained unchanged.</p> <a href="https://www.theguardian.com/business/article/2024/sep/11/uk-economy-unexpectedly-flatlines-for-second-month-in-row">Continue reading...</a>

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