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Business Live with Ian King: UK economy contracts by 0.5% in July
Posted
September 13, 2023
Views
3,104
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29
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September 13, 2023
3,104
29
1
0.97%
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28:51Now PlayingJoin our Business presenter Ian King and guests, as the Office for National Statistics reveals the UK economy contracted by 0.5% in July.
The ONS said the decline - which was worse than many economists had expected - followed an unrevised 0.5% increase in gross domestic product (GDP) over the previous month.
Plus, BP shares fall by 1.7% following chief executive Bernard Looney's shock resignation.
Read more on these stories:
🔵 BP chief executive Bernard Looney quits £10mayear job
🔵 Economy contracts by worse than expected 0.5% in July
🔵 Cost of living live blog
Click here for the latest Business news 👉
#Business #BusinessLiveWithIanKing #ONS #Economy
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