UK GDP sags by 0.5% in July as recession looms 'around the corner'

All three main sectors of the UK economy saw contractions through the month

Elliot Gulliver-Needham
clock • 2 min read
UK GDP sags by 0.5% in July as recession looms 'around the corner'

UK GDP dropped by 0.5% throughout July, reversing the surprisingly strong expansion seen in the previous month and indicating that recession may be "around the corner". All three main sectors ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

90% of pension providers expect to meet dashboard connection deadlines, PDP finds

90% of pension providers expect to meet dashboard connection deadlines, PDP finds

Majority of FCA-regulated providers are confident of meeting requirements

Holly Roach
clock 23 April 2025 • 1 min read
Rising Star Awards 2025: Nominations open!

Rising Star Awards 2025: Nominations open!

Recognising and celebrating the pension industry’s rising stars

Professional Pensions
clock 23 April 2025 • 2 min read
News Digest: Minister declares Civil Service Pension Scheme delays 'sorted'

News Digest: Minister declares Civil Service Pension Scheme delays 'sorted'

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 April 2025 • 1 min read
Trustpilot