The British economy slips into recession, dealing a blow to the Labour government

The British economy slips into recession, dealing a blow to the Labour government

The United Kingdom recorded zero growth in July, according to official data released on Wednesday, after economists had predicted a slight increase. This marks a setback for the Labour government, which had prioritized economic growth.
The Gross Domestic Product (GDP) showed zero growth in June, and analysts had expected a modest rise for July. Previous data indicated that the UK economy grew at a slightly slower pace in the second quarter compared to the first quarter of the year, as reported by AFP based on the monthly report from the UK’s Office for National Statistics.