UK economy stalls in July in fresh government setback | Business

LONDON, Sept 12, 2025 (BSS/AFP) - Britain's economy stagnated in July, official data showed Friday, dealing another blow to the Labour government after a turbulent week for Prime Minister Keir Starmer. Gross domestic product flattened in the month following output of 0.4 percent in June, the Office for National Statistics said in a statement. The government has suffered two high-profile departures in the past week, firstly Starmer's deputy Angela Rayner who resigned for underpaying a property tax. The PM on Thursday sacked Peter Mandelson, his ambassador in Washington, following fresh revelations about the diplomat's friendship with sex offender Jeffrey Epstein. Whilst the July GDP figure was in line with market expectations, limiting impact on the British pound Friday, the government...