UK GDP flatlined in last quarter, as firms warn economy is heading for ‘worst of all worlds’ – business live

UK GDP flatlined in last quarter, as firms warn economy is heading for ‘worst of all worlds’ – business live

Business, Economics, Stock markets, FTSE, Economic growth (GDP) Business | The Guardian

​Rolling coverage of the latest economic and financial news, as ONS revises down growth estimate for July-SeptemberSharp fall in UK business activity forecast as economic gloom deepensHousehold incomes stagnated in the third quarter of this year, today’s GDP quarterly national accounts report shows:The ONS says:Early estimates of real households’ disposable income per head show no growth in Quarter 3 2024, following growth of 1.4% in the previous quarter.The household saving ratio is estimated at 10.1% in the latest quarter, down from 10.3% in Quarter 2 2024. Continue reading… 

Rolling coverage of the latest economic and financial news, as ONS revises down growth estimate for July-September

Household incomes stagnated in the third quarter of this year, today’s GDP quarterly national accounts report shows:

The ONS says:

Early estimates of real households’ disposable income per head show no growth in Quarter 3 2024, following growth of 1.4% in the previous quarter.

The household saving ratio is estimated at 10.1% in the latest quarter, down from 10.3% in Quarter 2 2024.

Continue reading… 

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