GDP showed no growth in July 2025
Office for National Statistics (ONS) figures for gross domestic product (GDP), which is estimated to have shown no growth in July 2025, following growth of 0.4% in June 2025 and a fall of 0.1% in May 2025
14 July 2025
Why the Chancellor needs growth
Why one of the to-watch Budget assumptions that could change adversely is GDP growth. If the Office for Budget Responsibility (OBR) moves towards the consensus view, any remaining headroom could quickly disappear