British economy flatlines in 3rd quarter in another blow to new Labour government

By Associated Press

British economy flatlines in 3rd quarter in another blow to new Labour government

Christmas shoppers pass a sign in a shop window 'Choose Love' in central London, Friday, Dec. 13, 2024, Britain's economy unexpectedly shrank by 0.1 percent in October, The Office for National Statistics stated in figures released Friday.

LONDON (AP) -- The British economy flatlined in the third quarter of the year, according to downwardly revised official figures Monday, in another blow to the new Labour government that has made growth its number one mission.

In its latest revision of the July to September period, the Office for National Statistics said the British economy showed no growth against the previous estimate of 0.1%.

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