UK Economy Shows Zero Growth in Q3, Forecasts Weaken for Q4 | News Today | AF1I

The UK economy showed zero growth in the third quarter of 2024, with the initial estimate of a 0.1% increase revised down. The services sector stagnated, construction grew by 0.7%, but this was offset by a 0.4% decline in production. The downward revision of GDP growth reflects declining public confidence and increasing pressure on the Labor government. The Bank of England has also forecasted zero growth for the fourth quarter of 2024, weaker than previous predictions.
#UKEconomy #GDPGrowth #ZeroGrowth #UKEconomicOutlook #ThirdQuarter2024 #UKNews #BankofEngland #EconomicSlowdown #UKFinance #UKGDP #RevisedGDP #EconomicForecast #LaborGovernment #ProductionDecline #ConstructionGrowth #ServicesSector #UKEconomicCrisis #UKRecession #FourthQuarterForecast #BritishEconomy #ONSData

Talks Shows Central brings the latest in news, lifestyle programs, comic and political Talk Shows, Such as, Black & White, Nadeem Malik Live, Red Line, Gup Shab Nay Had Kar Di and more to your screens. Subscribe and never stay behind on the newest developments from across the country

Talk Shows Central YouTube Channel is managed by Dot Republic Media, All Copyrights Reserved.

Subscribe to our channel for all the latest updates: http://bit.ly/TalkShowsCentralYT

Like our Facebook page:   / talkshowscentral  

UK Economy Shows Zero Growth in Q3, Forecasts Weaken for Q4 | News Today | AF1I