UK economy failed to grow over the August-October period, reports the Office for National Statistics in its latest growth report
- Latest: No growth in October
- Economy also stagnated over the last quarter
- Services growth slows; factories and construction contract
- Expert: Brexit uncertainty blights economy
The weak growth figures haven’t caused much of a kerfuffle in the City.
The pound has hit a new seven-month high against the US dollar today, touching $1.3189, as investors continue to price in a Conservative election victory.
Weak consumer confidence means Christmas puddings and tins of biscuits are languishing on UK shop shelves…..