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.

This breaking news story is being updated and more details will be published shortly.

Please refresh the page for the fullest version.

You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow @SkyNews on X or subscribe to our YouTube channel to keep up with the latest news.

Articles You May Like

Jaguar boss condemns ‘vile hatred’ after backlash to new advert
Four dead and more in hospital with methanol poisoning after drinking ‘free shots’ in Laos
Hubble Telescope Finds Unexpectedly Hot Accretion Disk in FU Orionis
Climate-vulnerable islands storm out of COP29 negotiation room in row over funding
Man charged with bomb hoax after incident outside US embassy