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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

UK economy shrinks by 0.5% in July amid wet weather and strikes

A tourist at Piccadilly Circus shelters from the rain under an umbrella as a bus goes by
Piccadilly Circus on a rainy day. July was the sixth wettest on record, which affected retailers. Photograph: James D Morgan/Getty Images

The UK economy shrank in July by 0.5% amid industrial action and extremely wet weather, official figures indicate, heightening fears of a recession in the second half of the year.

Analysts expected gross domestic product (GDP) to fall back by 0.2% but the Office for National Statistics said that strikes by junior doctors reduced health service activity, while retailers who had benefited from a warm June suffered in July, which was the sixth wettest on record.

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