UK economy failed to grow between July and September

The UK economy failed to grow between July and September, revised official figures show.

Initial estimates suggested the economy had grown by just 0.1% between July and September – and shrank during September itself.

Uncertainty about the Budget had been blamed for such slow growth.

In September, the Bank of England’s chief economist had warned the new government’s gloomy language had generated fear and uncertainty among consumers, businesses and investors. But Prime Minister Sir Keir Starmer had denied ministers had talked the country down.