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UK economy barely grew between July and September

15 November 2024
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UK economy barely grew between July and September
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The UK economy barely grew by 0.1% between July and September, with concerns about the Budget and tax rises affecting business and household behavior. Labour’s goal of boosting economic growth faces challenges as major companies plan to increase prices. Despite the weak growth, Chancellor Rachel Reeves aims for stronger and more widespread growth, while Shadow Chancellor Mel Stride criticizes Labour’s policies for the slowdown in growth.

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