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Economy: UK GDP contracts impacted by strikes and wet weather

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The UK economy contracted by 0.5% in July - with early official figures suggesting that strikes and the summer washout had an impact.

ONS director of economic statistics has told Sky News that strikes and wet weather were among the negative factors facing growth in July.

Read more on the story here: https://news.sky.com/story/economy-contracts-by-worse-than-expected-0-5-in-july-official-figures-show-12960241

#ukeconomy #gdp #skynews

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Category
World
Tags
economy, uk economy, economic
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