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UK Economy: Growth at Risk of Fourth Quarter Contraction

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December 13, 2024

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UK gross domestic product slipped 0.1% in October, following a 0.1% contraction the previous month, the Office for National Statistics said Friday. Forecasters, who had expected a 0.1% gain, said the economy is now in danger of shrinking in the fourth quarter. Lizzy Burden reports on what this means for the Bank of England, which meets to set interest rates next week.

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UK EconomyNational StatisticsFriday ForecastersLizzy BurdenMarkets LikeBloomberg MarketsFinance VisitX Facebook Instagram Connect

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UK Economy: Growth at Risk of Fourth Quarter Contraction · Bloomberg Television · Sentinel