Home Business news UK economy unexpectedly flatlines for second month in row

UK economy unexpectedly flatlines for second month in row

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Pre-election slowdown continues in July despite economists predicting growth of 0.2%

The UK economy flatlined in July, after also showing 0.0% growth in June, according to the latest official data.

The Office for National Statistics said the pre-election stalling of growth in June continued for a second month. Gross Domestic Product growth rose 0.5% in the three months to July.

Continue reading…Pre-election slowdown continues in July despite economists predicting growth of 0.2%The UK economy flatlined in July, after also showing 0.0% growth in June, according to the latest official data.The Office for National Statistics said the pre-election stalling of growth in June continued for a second month. Gross Domestic Product growth rose 0.5% in the three months to July. Continue reading…