Sterling Edges Lower as U.K. Fails to Grow in July

Published 1 month ago Negative
Sterling Edges Lower as U.K. Fails to Grow in July
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0640 GMT – Sterling falls slightly after data showed the U.K. economy stagnated in July as expected. The data mark another blow to the government ahead of November’s autumn budget, Ebury’s Samuel Edwards says in a note. The Office for National Statistics also reported an unexpected decline in manufacturing and industrial production in July.

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