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The Guardian // Business // Economics

UK economy flatlines in July in grim news for Rachel Reeves

Friday 12th September 2025, 9:20AM

Official GDP figures confirm widely expected slowdown after strong expansion in first half of the yearBusiness live – updates throughout the dayThe UK economy flatlined in July, according to official figures, in grim news for Rachel Reeves as she gears up for a challenging budget.It was a slowdown compared with June, when the economy grew by 0.4%, according to the Office for National Statistics. Continue reading...

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