Rolling coverage of the latest economic and financial news
Latest: UK recovery slowed to 1.3% in Q3
But growth did pick up in September after weak summer
Introduction: UK economy in spotlight
UK plc risks long-term stagnation and rising destitution, warns top thinktank
Elon Musk sells $5bn in Tesla stock days after Twitter poll
Here’s ONS Chief Economist Grant Fitzner with a breakdown of September’s GDP report:
The UK economy did pick up pace in September… after growth stalled earlier in the quarter.
…a 4.1% fall in the distribution of gas, its fourth consecutive monthly fall following exceptionally high output levels in May 2021 when adverse weather conditions boosted supply.
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