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UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – business live

www.theguardian.com 23-12-2024 07:48 1 Minutes reading

UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too

Digging into today’s GDP report, we can see that the services sector stagnated in July-September.

The business-facing services sector flatlined, while consumer-facing services increased by 0.1%

“The challenge we face to fix our economy and properly fund our public finances after 15 years of neglect is huge.

“But this is only fuelling our fire to deliver for working people.

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Gaza war victims take legal action against BP over...
23.12.24 01:00
by theguardian.com

Gaza war victims take legal action against BP over oil supply to Israel

Palestinians accuse UK firm of breaching human rights laws by piping oil allegedly used by Israeli army

Palestinian victims of the war in Gaza are taking legal action against BP for running a pipeline that supplies much of Israel’s crude oil.

The claimants have sent the British oil company a letter before claim, alleging it is breaching its stated commitments to human rights under international law.

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