UK GDP shrank more than first thought in Q3

ONS data shows GDP fell by 0.3%, up from 0.2% and below expectations

Elliot Gulliver-Needham
clock • 1 min read
UK GDP still sits 0.8% below where it was at the beginning of the coronavirus pandemic
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UK GDP still sits 0.8% below where it was at the beginning of the coronavirus pandemic

UK GDP shrank more than previously thought in Q3, the Office for National Statistics (ONS) has said.

In ONS data released today (22 December), GDP was revealed to have shrunk 0.3% in Q3, up from 0.2% and below expectations. This means UK GDP still sat 0.8% below where it was at the beginning of...

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