US EditionPublished • loading... • Updated
UK economy flatlines as GDP shows no growth
UK's July GDP stagnated after a 1.3% manufacturing decline offset service and construction gains, raising concerns over fiscal plans before the November 26 Autumn Budget.
- In July 2025, the UK’s gross domestic product showed no growth, following a 0.4 percent increase in June, as reported by the Office for National Statistics.
- This stagnation resulted from ongoing headwinds including previous tax hikes, constrained household spending, and high living costs limiting disposable incomes.
- Manufacturing contracted by 1.3 percent in July, its largest drop since July 2024, while services and construction output rose modestly by 0.1 and 0.2 percent respectively.
- Economic adviser Joe Nellis highlighted that the UK economy remained flat in July, following a modest increase in GDP during June, indicating ongoing difficulties ahead.
- The flatlining GDP underscores risks to economic momentum ahead of Finance Minister Rachel Reeves’ Autumn Budget on November 26, as growth remains subdued amid inflation and interest rate pressures.
Insights by Ground AI
47 Articles
47 Articles
The UK economy stagnated in July compared to the previous month, a sharp contrast to the monthly growth of 0.4 percent in June.
·Belgrade, Serbia
Read Full Article
The IndependentReposted by 
The Independent (US)
The Independent (US)UK economy flatlined in July after sharp contraction in manufacturing
The manufacturing sector saw activity fall by 1.3%.
·London, United Kingdom
Read Full Article
Coverage Details
Total News Sources47
Leaning Left6Leaning Right9Center11Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 23%
C 42%
R 35%
Factuality
To view factuality data please Upgrade to Premium
