UK Economy Stagnates For Second Month In A Row

BRISTOL, UNITED KINGDOM - SEPTEMBER 11: Dwellings that were originally built as social housing for the local authority overlook streets of terraced houses, on September 11 2024 in Bristol, England. Until 2011, public housing, which in the UK is known as council housing or social housing, provided the majority of rented accommodation. During the 1950s and 1960s local authorities built 1000s of council homes and by the late 1970s, almost a third of UK households lived in social housing. However, since 1979 under the Right to Buy legislation introduced by the Conservative Party, much of this council housing stock has been sold to private occupiersThe Office for National Statistics (ONS) said gross domestic product remained unchanged and flatlined in July for a second month in a row. (Photo by Anna Barclay/Getty Images)