英国经济7月份未能增长

Economic Performance - The UK economy stagnated in July, highlighting challenges for the government in promoting growth and repairing public finances ahead of the high-risk budget in November [1] - Manufacturing decline offset growth in services and construction, aligning with economists' expectations [1] - Economic growth rate slowed from 0.3% in the three months to June to 0.2% in the three months to July [1] Government Response - The Treasury acknowledged the need for more work to stimulate economic growth, indicating that while the economy has not collapsed, it feels stuck [1] - A new "Budget Committee" has been established by Starmer to coordinate efforts between Downing Street and the Treasury ahead of the budget release on November 26 [1] - The government claims to be making progress in reversing the investment shortfalls from previous Conservative administrations [1] Fiscal Challenges - Economists predict that Reeves will be forced to increase taxes in the budget, with estimates suggesting the government may need to raise over £20 billion to fill fiscal gaps [2] - The Bank of England is expected to maintain interest rates at 4% during the upcoming meeting, having cut rates five times since summer 2024 [2] - July's inflation rate was reported at 3.8%, significantly above the Bank of England's target of 2%, with signs of a deteriorating labor market [2]