AJ Bell's Danni Hewson said in a report that the latest revised data on the UK's economic growth shows that the country's economy is struggling to get through difficult times. She said that the Bank of England expects economic growth to stagnate in the last few months of 2025, hampered by budget uncertainty, and there are still huge challenges to overcome. The economic growth rate was revised down from 0.3% to 0.2% in the second quarter, while the growth rate remained unchanged at 0.1% in the third quarter. However, the UK is not alone in trouble: despite the data for the second quarter being revised down, the country's economic performance in the first half of this year still tied for first place among the G7 countries. In fact, there are signs that households may be relaxing their money bags as interest rates fall, she said.

Zhitongcaijing · 2d ago
AJ Bell's Danni Hewson said in a report that the latest revised data on the UK's economic growth shows that the country's economy is struggling to get through difficult times. She said that the Bank of England expects economic growth to stagnate in the last few months of 2025, hampered by budget uncertainty, and there are still huge challenges to overcome. The economic growth rate was revised down from 0.3% to 0.2% in the second quarter, while the growth rate remained unchanged at 0.1% in the third quarter. However, the UK is not alone in trouble: despite the data for the second quarter being revised down, the country's economic performance in the first half of this year still tied for first place among the G7 countries. In fact, there are signs that households may be relaxing their money bags as interest rates fall, she said.