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UK Economy Flatlines in July as Manufacturing Slumps

UK Economy Flatlines in July as Manufacturing Slumps

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The Spin


Labour'sThe tax-raisingeconomic agendastagnation isreflects crushingyears businessof confidencechronic andunderinvestment stallingthat economichas growthleft justBritain's monthseconomy afterfundamentally taking powerstuck. TheWhile £25the billioneconomy employerachieved nationalthe insurancefastest hikegrowth hasin createdthe aG7 hostileduring environmentthe forfirst investmenthalf andof hiring2025, withthe manufacturingcurrent sufferingslowdown itsdemonstrates worstthe declinedeep instructural aproblems year.inherited Businessfrom leadersprevious warngovernments. againstThe furthergovernment's taxplan raidsfor onchange corporateaims coffersto aheadreverse ofthis theunderinvestment Novemberthrough budgettransformative policies.

Labour's tax-raising agenda is crushing business confidence and stalling economic growth just months after taking power. The £25 billion employer national insurance hike has created a hostile environment for investment and hiring, with manufacturing suffering its worst decline in a year. Business leaders warn against further tax raids on corporate coffers ahead of the November budget.


The Controversies


© 2026 Improve the News Foundation. All rights reserved.Version 7.4.1

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All rights reserved.

Version 7.4.1