25 Articles
25 Articles
UK Economy Flatlines in July, Recording No Growth for 2 Months in a Row: ONS
The UK economy has flatlined for the second month in a row following no GDP growth in both July and June, official data suggest. Economic stagnation for two months in a row is an unexpected development for economists, who had anticipated a 0.2 percent month-on-month GDP expansion. However, weeks following the election of the Labour government in July, the economy failed to expand. Commenting on the latest Office of Nationals Statistics (ONS) fig…
UK economy continued to flatline in month Labour came to power - official figures | Business News | Tech, Entertainment, Sport, Fashion, Travel News
There was no growth in the UK economy in July, official figures show. It’s the second month of stagnation, the Office for National Statistics (ONS) said. GDP – the measure of everything produced in the UK – flatlined in the weeks following the election of the Labour government. But there’s “longer term strength” in the […]
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