British economy flatlines in 3rd quarter in another blow to new Labour government
The British economy flatlined in the third quarter of the year, according to downwardly revised official figures in another blow to the new Labour government that has made growth its number one missio
Blow for Rachel Reeves as zero growth puts UK on brink of recession
The poor economic figures come after a forecast from the Confederation of British Industry (CBI) says the private sector expects “steep decline in activity” into 2025. In the findings, released the day before the GDP announcement, the influential business organisation said expectations amongst business leaders are at a two year low.
UK economy unexpectedly failed to grow in third quarter
Chancellor Rachel Reeves has admitted she has a “huge” task to turn around the economy, after growth flatlined in the third quarter and business groups warned of a tough start to 2025. Mel Stride, shadow chancellor,
UK economy flat-lined in third quarter, in new setback for government
Britain's economy failed to grow during the first three months of Prime Minister Keir Starmer's new government, official figures showed on Monday, adding to signs of a slowdown that has cast a shadow over his time in office so far.
UK economy had zero growth between July and September
The UK economy had zero growth between July and September, revised official figures show. The economy was weaker than initially estimated as bars and restaurants, legal firms and advertising firms performed less well,
UK Economy Stagnant In Third Quarter In Fresh Setback
Britain's economy was stagnant in the third quarter, according to revised official data released Monday, dealing a fresh blow to the Labour government.
Reeves needs 'Christmas miracle' and King's 'message of unity'
Also focusing on the economy, the i headlines that Reeves "needs a Christmas miracle" to boost the economy, according to one ...
Rachel Reeves describes ‘challenge’ of fixing economy as ‘huge’
The Office for National Statistics said on Monday that UK gross domestic product (GDP) showed no growth between July and ...
Hosted on MSN11d
Mel Stride blasts Labour as economy shrinks for the second month in a row: 'Businesses are sounding the alarm!'
Shadow Chancellor Mel Stride has delivered scathing criticism of the Government's economic performance following the latest ...
Flatlining growth risks another Reeves tax raid, says IFS chief
Rachel Reeves risks being forced into a fresh tax raid next year to shore up Britain’s moribund economy, the head of the ...