Sun. Sep 20th, 2020

UK economy stagnates as Brexit uncertainty hits growth – business live

UK economy failed to grow over the August-October period, reports the Office for National Statistics in its latest growth report

Earlier:

9.50am GMT

Today’s GDP report shows the UK economy failed to grow in August, September or October.

9.47am GMT

The government once boasted about creating a March of the Makers.

Today’s GDP report paints a different picture: output at UK manufacturers has been falling pretty steadily since the spring, as the boost from Brexit stockpiling has faded.

Continue reading…UK economy failed to grow over the August-October period, reports the Office for National Statistics in its latest growth reportLatest: No growth in OctoberEconomy also stagnated over the last quarterServices growth slows; factories and construction contractEarlier:It’s UK GDP day 9.50am GMTToday’s GDP report shows the UK economy failed to grow in August, September or October. 9.47am GMTThe government once boasted about creating a March of the Makers. Today’s GDP report paints a different picture: output at UK manufacturers has been falling pretty steadily since the spring, as the boost from Brexit stockpiling has faded. Continue reading…