The Aporia
The Aporia
Saker-Clark, H. (2026, September 6). UK economy expected to have dipped in July despite World Cup boost. Evening Standard. https://www.standard.co.uk/business/business-news/andy-burnham-office-for-national-statistics-prime-minister-experts-gdp-b1295917.html
Saker-Clark, Henry. “UK economy expected to have dipped in July despite World Cup boost.” Evening Standard, 6 Sept. 2026, https://www.standard.co.uk/business/business-news/andy-burnham-office-for-national-statistics-prime-minister-experts-gdp-b1295917.html.
Saker-Clark, Henry. “UK economy expected to have dipped in July despite World Cup boost.” Evening Standard, September 6, 2026. https://www.standard.co.uk/business/business-news/andy-burnham-office-for-national-statistics-prime-minister-experts-gdp-b1295917.html.
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The UK economy is expected to have shrunk slightly in July despite a boost from the World Cup. According to economists at Investec and Pantheon Macroeconomics, the Office for National Statistics will likely report that the economy's growth rate fell by 0.1% for the month when it releases its latest data on September 11. This would be a correction from June, when the economy grew 0.3% due to strong sales in the hospitality and leisure sectors. However, economists warn that this boost was likely brought forward from July, and weaker retail sales and increased energy costs are now putting pressure on households. Despite this, the UK economy had a strong start to the year, growing by 1% in the first half of the year compared to the rest of the G7 countries. The predicted dip in July's growth rate may signal a slowdown for the economy in the third quarter.
