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UK Economy Stalled After Labour Took Office, Revisions Show
The UK economy failed to grow in the third quarter, according to revised estimates that suggest the slowdown has been sharper than expected since Labour took office. Gross domestic product was unchanged in the three months through September, the Office for National Statistics said Monday, a downgrade from its previous estimate of 0.1% growth. Economists had expected no revision. The second quarter was also weaker than thought with growth of 0.4% rather than 0.5%. The figures deliver a further blow to Prime Minister Keir Starmer, who came to power promising to boost growth and living standards. Instead, the economy ... (full story)
