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Uk Economy May Have Contracted

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"The UK economy may have contracted for the first time in 13 years during the third quarter, a leading London-based economic consultancy warned today.

"Though its base case scenario is for 0.2pc quarterly GDP growth in the three months to September, Capital Economics said the dire UK trade data for August suggests that GDP may in fact have fallen.

Its chief economist Jonathan Loynes said the likely widening in the trade deficit during the quarter from the previous quarter suggests that the negative effect on real growth could be as big as 1pc."

Edited by gruffydd

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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