The Pound (GBP) was flat on Monday as markets reacted to the UK’s last notable economic release of the year: the final GDP estimate for Q3 📉. According to the ONS, the UK economy grew by just 0.1% between July and September, meeting expectations 🇬🇧.
However, growth for Q2 was downgraded from 0.3% to 0.2%, sparking fears of a deeper stagnation ⚠️. Investors are increasingly concerned that the government's struggle to boost growth is leaving the economy on thin ice as 2025 comes to a close 🧊.
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