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London's Economy Today editorial - July 2025

calendar_today July 31, 2025 person Daryl Rozario Jubair Ahmed Gordon Douglass Ali Ögcem and Sixia Zhang domain data-london-gov-uk

UK’s GDP contracts for a second month in a row in May The latest monthly UK GDP data from the Office for National Statistics (ONS) showed an unexpected contraction of 0.1% in May 2025 (Figure 1). This was the second monthly decline in a row following a 0.3% drop in April and was counter to the…

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