Claims extracted
15
sentences that state something as happening or true
Uncertain
13%
2 of 15 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
67/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
2
articles that frame the event the way this one does
The UK economy is forecast to have shrunk in August on the back of a decline in the services sector, according to experts.
uncertain
economy → forecast → experts
Economists have said the economy is likely to have contracted in August in a “correction”, after stronger-than-expected showings in June and July.
asserted
economy → say → June
In June, the UK economy grew 0.3% as hospitality and leisure firms received a boost from football fever and prolonged hot weather.
asserted
firms → grow → fever
UK gross domestic product (GDP) had been widely expected to plateau but unexpectedly grew by 0.4% in July following a boost from the services industry and businesses increasing the use of AI.
asserted
product → expect → AI
Robert Wood, chief UK economist at Pantheon Macroeconomics, predicted the latest statistics will reveal a 0.3% decline in August.
asserted
statistics → predict → August
He predicted all the main parts of the economy are likely to report weaker output, with the key three service sectors – professional services, administration, and information and communication – showing notable weakness.
asserted
sectors → predict → weakness
The service sector had reported a particularly strong July, rising by 0.6%, as it benefited from strong demand for AI and cloud computing services.
“The crucial judgment for August is how much of that surge has unwound.
asserted
much → report → surge
Data is also likely to show the manufacturing sector roughly flatlined for the month, with growing output from some factories offset by weakness in the automotive sector.
asserted
output → show → sector
Read More
Thomas Pugh, chief economist at RSM UK, predicted a shallower decline of 0.1% for August.
asserted
Pugh → read → August
He stressed however that the weaker monthly performance should not “obscure the broader trend of resilience”, forecasting growth of between 0.4% and 0.5% for the third quarter of 2026 as a whole.
asserted
performance → stress → whole
He said there is still significant uncertainty over near-term economic growth as rising inflation threatens to weigh on businesses and consumers.
asserted
inflation → say → businesses
“The outlook beyond the summer is more difficult,” Mr Pugh said.
asserted
Pugh → say → summer
“Together, those pressures are likely to slow growth sharply in the final quarter of this year and ensure a slow start to 2027.”
asserted
pressures → slow → 2027
Meanwhile, Deutsche Bank analysts predicted that growth would stall but not decline, forecasting zero growth for the month.
asserted
growth → predict → month
It predicted a marginal increase in the services sector, suggesting that this could offset declines in production and construction.
uncertain
this → predict → production
The Aporia
