UK economy flatlined last quarter revised figures reveal Economics The latest revised figures from the Office for National Statistics have revealed the UK economy did not grow in the third quarter of this year. The statistics watchdog had previously said the economy grew 0.1 per cent in the third quarter. However, according to the latest figures, the economy flatlined, leaving the UK with no [...]
UK economy ‘at risk of stagflation’ as growth stalls under Labour Economics Latest official GDP figures show the UK economy has stopped expanding since Labour took power, creating a headache for Keir Starmer after putting growth at the centre of his government’s mission. The economy unexpectedly shrank by 0.1 per cent in October, according to new data from the Office for National Statistics. It missed economists’ expectations [...]
Top economists cast doubt on Reeves’ Budget growth pledge Economics Top economists are split on whether last week's Budget will deliver a boost to the UK economy over the next five years, a City AM poll has revealed, as the Chancellor tries to calm markets.