UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too
Sharp fall in UK business activity forecast as economic gloom deepens
Digging into today’s GDP report, we can see that the services sector stagnated in July-September.
The business-facing services sector flatlined, while consumer-facing services increased by 0.1%
“The challenge we face to fix our economy and properly fund our public finances after 15 years of neglect is huge.
“But this is only fuelling our fire to deliver for working people.