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Gavin Grey: UK correspondent on the UK economy contracting by 0.5 percent in July

Gavin Grey: UK correspondent on the UK economy contracting by 0.5 percent in July

Heather du Plessis-Allan Drive · Newstalk ZB

September 13, 20235m 12s

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Show Notes

The UK GDP figures are in- and the economy shrunk more than expected in July.

The 0.5 percent contraction was worse than economists had predicted, and sparked concerns of recession.

UK correspondent Gavin Grey says industrial action from healthcare workers and teachers and terrible weather are being blamed for the downturn.

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Topics

GDPUKeconomyrecession