Warning over a
Daily Express|December 24, 2024
FIGURES that reveal growth has flatlined have fuelled warnings Labour is on the brink of sparking a recession.
Christian Calgie
Warning over a

In the first three months the party was in power, Britain's economy did not grow at all.

This figure for July to September was a revised down estimate, after it was previously believed the economy grew 0.1% during this period.

The UK and Italy were the only G7 countries to register no growth in that time, performing significantly worse than rivals such as Germany, France and the US.

Rachel Reeves insisted that the terrible numbers were only "fuelling [the Government's] fire to deliver".

She insisted: "The challenge we face to fix our economy and properly fund our public finances after 15 years of neglect is huge. But this is only fuelling our fire to deliver for working people. The Budget and our Plan for Change will deliver sustainable longterm growth, putting more money in people's pockets through increased investment and relentless reform."

This story is from the December 24, 2024 edition of Daily Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 24, 2024 edition of Daily Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM DAILY EXPRESSView All
I REMEMBER THINKING "WHERE ARE MY LEGS?'
Daily Express

I REMEMBER THINKING "WHERE ARE MY LEGS?'

Double amputee Martine Wright was the worst injured female survivor of the 7/7 London terror atrocities. Ahead of this year's 20th anniversary, she reveals why she chose happiness over hate through campaigning, motherhood and building a sense of purpose

time-read
7 mins  |
January 04, 2025
How another UK native could help give a boost to under-threat red squirrels
Daily Express

How another UK native could help give a boost to under-threat red squirrels

TORIES are urging ministers to save our red squirrels by reintroducing pine martens and making their grey cousins infertile.

time-read
2 mins  |
January 04, 2025
Mortgage approvals are hit by low consumer confidence
Daily Express

Mortgage approvals are hit by low consumer confidence

THE number of mortgages approved by the UK banking sector fell faster than expected in November.

time-read
1 min  |
January 04, 2025
MO IS BACK FOR MORE
Daily Express

MO IS BACK FOR MORE

Red-hot Salah out to haunt United again as Arne's top boys smell blood at Anfield

time-read
2 mins  |
January 04, 2025
HOWE TO DO IT
Daily Express

HOWE TO DO IT

Eddie has found right mix of exciting attack and rock-solid defence

time-read
2 mins  |
January 04, 2025
Blame City slump on me...not my_players
Daily Express

Blame City slump on me...not my_players

GUARDIOLA IS BAFFLED BY ALARMING DECLINE

time-read
2 mins  |
January 04, 2025
Kasper's career advice pays off for Jakub
Daily Express

Kasper's career advice pays off for Jakub

LOANS HELP GOALKEEPER

time-read
1 min  |
January 04, 2025
SKY THE LIMIT
Daily Express

SKY THE LIMIT

How Littler has taken pub game to the stratosphere

time-read
2 mins  |
January 04, 2025
Jamie racks up big score
Daily Express

Jamie racks up big score

GEORGE'S 300 FOR SARRIES

time-read
2 mins  |
January 04, 2025
FESTIVAL JUKEBOX ISSUE
Daily Express

FESTIVAL JUKEBOX ISSUE

Pauling ponders over his chaser's Cheltenham trip

time-read
1 min  |
January 04, 2025