UK GDP: Economic uncertainty expected to weigh on growth – business live

Rolling coverage of the latest economic and financial news, including October’s UK GDP growth report

  • Economists predict growth of 0.1% in October
  • But the last quarter could be flat

8.54am GMT

The London stock market has started the day on the wrong foot, as investors await October’s UK GDP report.

The blue-chip FTSE 100 index has shed 65 points, or 0.85%, in early trading to 7,173 – back towards last week’s two-month lows.

8.44am GMT

With the UK’s future as murky as the clouds blanketing the country, people appear to be delaying their Christmas preparations.

“Amid the uncertainty of a (Dec. 12) general election, a lacklustre Black Friday and a wet autumn, shoppers have been delaying their Christmas preparations and are waiting to stock up on festive supplies.”

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