Experts had been expecting economic growth to flatline in August.
Grant Fitzner, chief economist of the ONS, said: "The economy shrank in August with both production and services falling back, and with a small downward revision to July's growth the economy contracted in the last three months as a whole.Read more: He added: "Sports events too had a slower month after a strong July and many other consumer-facing services struggled with retail, hairdressers and hotels all faring relatively poorly.
Chancellor Kwasi Kwarteng said the Government had "acted quickly" to tackle challenges facing "countries around the world".
Source: Entertainment Trends (entertainmenttrends.net)
Here we go again LBC being negative again anyone else think LBC are getting boring
Unexpectedly? Really?
And local one man in a van business owners in Wigan still trumpeting brexit without providing sarcastic memes, no benefits when pressed, saying give the Tories time and having the audacity to call remainders stupid. What a bunch of doormats.
Unions? Meghan? Labour? Migrants? Come on, who did it?
Damn anti-growth coalition!
Not bad considering.
The UK economy must be part of the anti-growth coalition
Unexpectedly? 😆
Unexpected by who? The Globalist Elites, the minions and the cognitively gullible they have indoctrinated into Globalism? The Folk have seen this coming, the Globs just ignored them Because they know 'better'
I don’t think anyone will buy into the unexpected bit.
Unexpectedly you say!?!?!
Unexpectedly 🤔
Just wait till Lizzies plan for growth kicks in. We will be at 30% when Octobers figures are released.
BringBackBoris
Must be the anti-growth coalition that are currently in government.
What's unexpected about it? Country is fucked.
unexpectedly
As did a lot of the world's major economies..... but feel free to blame whoever best fits the cause you are championing today
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