British economy flatlines in 3rd quarter in another blow to new Labour government

LONDON (AP) — The British economy flatlined in the third quarter of the year, according to downwardly revised official figures Monday, in another blow to the new Labour government that has made growth its number one mission.

In its latest revision of the July to September period, the Office for National Statistics said the British economy showed no growth against the previous estimate of 0.1%.

The agency partly blamed the reduction on fresh survey data showing weaker trading across bars and restaurants.

The reduction has prompted critics to say that Labour talked down the economy on taking power on July 5 for the first time in 14 years when it described its economic inheritance from the previous Conservative administration as being the worst in generations.

Treasury chief Rachel Reeves promised to turbocharge economic growth after Labour won the July election but has now seen the economy stall over the three months to September, while official figures earlier this month also pointed towards a 0.1% decline in October.

“The challenge we face to fix our economy and properly fund our public finances after 15 years of neglect is huge," she said.

In her first budget in late October, Reeves raised taxes on businesses to help shore up public finances and ailing services. Many economists say the budget has further damaged the British economy as many businesses are responding to the tax rise by either raising prices or reducing employees or wages.

Mel Stride, the economy spokesman for the Conservatives, said "warning lights are flashing” on the economy.

“Having inherited the fastest-growing economy in the G-7, growth has tanked on Labour’s watch,” Stride said.

Christmas shoppers pass a sign in a shop window 'Choose Love' in central London, Friday, Dec. 13, 2024, Britain's economy unexpectedly shrank by 0.1 percent in October, The Office for National Statistics stated in figures released Friday. (AP Photo/Alberto Pezzali)

Christmas shoppers out wearing seasonal hats in central London, Friday, Dec. 13, 2024, Britain's economy unexpectedly shrank by 0.1 percent in October, The Office for National Statistics stated in figures released Friday. (AP Photo/Alberto Pezzali, Pool)

Christmas shoppers in central London, Friday, Dec. 13, 2024, Britain's economy unexpectedly shrank by 0.1 percent in October, The Office for National Statistics stated in figures released Friday. (AP Photo/Alberto Pezzali)

Christmas shoppers in central London, Friday, Dec. 13, 2024, Britain's economy unexpectedly shrank by 0.1 percent in October, The Office for National Statistics stated in figures released Friday. (AP Photo/Alberto Pezzali)

FILE - The Bank of England is pictured in London, on Aug. 1, 2024. (AP Photo/Alberto Pezzali, File)

BERLIN (AP) — A rescue team on Saturday released from a barge in the North Sea a humpback whale that had been stranded in shallow waters near Germany since March, witnesses said.

Nicknamed Timmy by German media, the whale was spotted swimming near Germany’s Baltic Sea coast on March 3, far from its natural habitat in the Atlantic Ocean.

The mammal’s health deteriorated as it became repeatedly stranded in shallow waters, and unsuccessful efforts to coax it toward deeper seas were live-streamed across the globe.

The environment minister for Germany’s Mecklenburg Vorpommern gave the green light for the attempt to save the whale, proposed by a private initiative, despite some warnings from the scientific community that it may be too much for the animal.

The humpback whale recovered from a shallow bay off Wismar is being transported towards the North Sea in a flooded cargo ship just before the Danish border in Fehmarn, Germany, Wednesday, April 29, 2026. (Philip Dulian/dpa via AP)

The humpback whale recovered from a shallow bay off Wismar is being transported towards the North Sea in a flooded cargo ship just before the Danish border in Fehmarn, Germany, Wednesday, April 29, 2026. (Philip Dulian/dpa via AP)