Finance

UK economy showed zero growth in Q3

Published by Global Banking & Finance Review

Posted on December 23, 2024

1 min read

· Last updated: January 27, 2026

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LONDON (Reuters) - British economic output failed to grow in the third quarter, figures from the Office for National Statistics showed on Monday. A preliminary estimate for the July-to-September

UK Economy Records Zero Growth in Third Quarter

LONDON (Reuters) - British economic output failed to grow in the third quarter, figures from the Office for National Statistics showed on Monday.

A preliminary estimate for the July-to-September period released by the ONS in November had shown gross domestic product growth at 0.1%.

(Writing by William Schomberg; Editing by Muvija M)

Key Takeaways

  • The UK economy showed zero growth in Q3.
  • ONS data initially estimated a 0.1% GDP growth.
  • The report highlights economic stagnation.
  • The data was released by the Office for National Statistics.
  • Implications for future economic policies are significant.

Frequently Asked Questions

What is the main topic?
The article discusses the UK economy's zero growth in the third quarter as reported by the Office for National Statistics.
What did the preliminary estimate show?
The preliminary estimate released in November showed a 0.1% GDP growth for the July-to-September period.
Who provided the economic data?
The economic data was provided by the Office for National Statistics (ONS).

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