UK economy flatlines unexpectedly

UK

There was no growth in the UK economy in July, official figures show.

It follows a month of no growth at all in June, 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.

Among the G7 group of industrialised nations, the UK had the highest growth rate for the first six months of 2024.

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