Economics

UK Businesses Say Economic Growth Slowed to a Crawl in July

Separate figures show consumer confidence is at record low
Data highlight impact of soaring inflation on UK economy

Empty terrace tables outside a restaurant in the City of London, UK. — Empty terrace tables outside a restaurant in the City of London, UK.
Photographer: Hollie Adams/Bloomberg

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By David Goodman and Philip Aldrick

July 22, 2022 at 8:30 AM UTC

Updated on

July 22, 2022 at 8:41 AM UTC

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A measure of UK growth slowed to a near standstill in July, according to a closely-watched survey that suggests darker days lie ahead for the economy.