The British economy has ground to a near standstill, expanding by a lackluster 0.1 percent in August in a clear and worrying sign that the momentum from the first half of the year is rapidly fading. The grim data, released by the Office for National Statistics, paints a picture of a stagnant economy now bracing for a difficult autumn, with the twin threats of a painful government budget and a potential central bank showdown looming on the horizon.A summer slump, a winter of worry The August...
Sunday 19 October 2025
wn.com - 3 days ago
UK economy records 0.1% growth in August, in line with outlook
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