UK economy shrank by 0.1% in October

https://www.theguardian.com/business/live/2025/dec/12/uk-gdp-growth-october-economy-budget-jlr-stock-markets-pound-bonds-business-live-news-updates?CMP=share_btn_url&page=with%3Ablock-693bb70e8f08d13d64191dfb#block-693bb70e8f08d13d64191dfb

Posted by sjw_7

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9 Comments

  1. Not surprising really given all the media fear mongering about the budget. Multiple clients have held off making decisions until after the budget because of this.

  2. CronusCronusCronus on

    We are in a recession, it’s just going to take another 4 months before they confirm it.

    Absolutely no one has any money to do anything about it. So it’s going to be a brutal one.

  3. What do you expect with this government? I’m not suprised and it’s always a loop with Labour. Countries a mess, Conservatives are not perfect but inflation was going down and we had the highest growth prediction out of the G7. No we have the worst inflation and lowest growth. You just couldn’t make it up

  4. Perhaps we should rejoin the EU to boost growth

    > We believe Brexit’s not working. The OBR judges that the UK economy is smaller and trade is weaker because of Brexit, and it will just get worse. 10 years after the Brexit vote, let’s apply to rejoin the EU, reverse the damage, boost growth, increase tax revenues and restore opportunities in the UK.

    https://petition.parliament.uk/petitions/749128

  5. Jared_Usbourne on

    17% drop in vehicle manufacturing due to the JLR shutdown, which has now been resolved.

    Will in all likelihood bounce straight back to growth next quarter and all the people insisting we’re in a recession will quietly move on to the next thing.

  6. This is just ridiculous. We are literally shooting our selves in the foot through incompetence, leaks and media nonsense

  7. >Just one more anti-immigration bill bro. Please bro. Cutting immigration will fix it bro, I swear.

    6.2% contraction in R&D, student visa applications falling further than expected, universities on the brink, and Maurice Glasman’s just getting started baby!