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UK Economy Stalled After Labour Took Office, Revised Data Show

By Tom Rees
From Bloomberg Business

UK Economy Stalled After Labour Took Office, Revised Data Show

The UK economy failed to grow in the third quarter, according to revised estimates that suggest the slowdown since Labour took office has been sharper than thought.

Gross domestic product was unchanged in the three months through September, the Office for National Statistics said Monday, a downgrade from its previous estimate of 0.1% growth. Economists had expected no revision.

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