
The UK economy contracted by an estimated 0.1% in the second quarter, the Office for National Statistics said today.
The decline was driven by a 0.6% fall in June, a performance that reflected the winding down of Covid-19 testing and vaccine programmes and disruption to activity caused by the Jubilee celebrations.
However, City economists had forecast a 1.2% fall in June and contraction of 0.2% for the second quarter.