-
UK economy stalls in July, as slowdown sets in
U.K. economic growth flatlined in July, according to data published Friday, adding to Chancellor Rachel Reeves’ headache ahead of the Autumn Budget. The figure was in line with expectations of economists polled by Reuters, and follows a 0.4% expansion in June. In July, weakness was concentrated in production output, which contracted by 0.9%, while services and construction output both inched higher, the U.K.’s Office for National Statistics noted. It comes after the economy grew by a better-than-expected 0.3% in the second quarter, although this was down from bumper growth of 0.7% seen in the first quarter. ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From news.sky.com | Sep 12, 2025
The UK economy "continued to slow" and recorded zero growth in July, according to official figures showing a big drag from manufacturers. The data from the Office for National Statistics (ONS) followed a figure of 0.4% growth the previous month and negative growth of 0.1% in May. Output of 0.3% was achieved over the April-June quarter as a whole, slowing ...
Real gross domestic product (GDP) grew by 0.2% in the three months to July 2025 compared with the three months to April 2025, down from three-month-on-three-month growths of 0.3% in June 2025 and 0.6% in May 2025. Services output grew by 0.4% in the three months to July 2025, compared with the three months to April 2025, and was the main contributor to GDP ...
Production output was estimated to have decreased 1.3% during the three months to July 2025, compared with the three months to April 2025; this is the weakest three-monthly growth since December 2023 (down 1.3%). The largest negative contributor to the three-monthly fall in July 2025 came from "manufacturing" (down 1.1%), supported by "electricity and gas" ...
