UK economy shrinks for second successive month as Budget concerns loom large

The Office for National Statistics said GDP fell 0.1% in October 2024. Services showed 'no growth', while Production (-0.6%) and construction (-0.4%) both fell.

clock • 2 min read
Are Labour policies working? Chancellor Rachel Reeves said: "We have put in place policies to deliver long-term economic growth."
Image:

Are Labour policies working? Chancellor Rachel Reeves said: "We have put in place policies to deliver long-term economic growth."

The UK economy has shrunk for a second successive month as farmers continue to voice concern over the Autumn Budget's potential impact on the future of agriculture. Figures from the Office for National...

To continue reading...

Already a member? Login for full access.

Login

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358
Register for free Join Now

 

fg buy and sell
VIEW ADVERT

Ice Builders plate coolers refurbished bulk milk tanks

Ice Builders plate coolers refurbished bulk

VIEW ADVERT
£POA
VIEW ADVERT

Delaval Blue Diamond 32/32

Delaval Blue Diamond 32/32

VIEW ADVERT
£POA
VIEW ADVERT

New & Used Bulk Milk Tanks

New & Used Bulk Milk Tanks

VIEW ADVERT
£POA

More on Politics

Farmers demand answers on upland destocking
Politics

Farmers demand answers on upland destocking

Producers have warned reduced livestock numbers has had serious ramifications on the social, cultural and economic value of rural and farming communities

Chris Brayford
clock 16 June 2025 • 8 min read
Colin Smyth: "The failure to deliver has left Dumfries and Galloway, once again, Scotland's forgotten region"
Politics

Colin Smyth: "The failure to deliver has left Dumfries and Galloway, once again, Scotland's forgotten region"

Labour MSP Colin Smyth has written exclusively for Farmers Guardian on Scottish Government's decision not to proceed with Galloway and Ayrshire as the location for Scotland's third National Park

Chris Brayford
clock 16 June 2025 • 4 min read
Single Payment Scheme and foot-and-mouth - what was agriculture like under the last Labour Government?
Politics

Single Payment Scheme and foot-and-mouth - what was agriculture like under the last Labour Government?

Farmers across the country are feeling the pressure of the current Labour Government's policy changes and apparent lack of understanding of agriculture, but what happened last time Labour were in power?

Ella Adams
clock 15 June 2025 • 4 min read