UK economy grew faster than thought in first six months of Labour government – business live

<p>Rolling coverage of the latest economic and financial news, as Office for National Statistics releases newly updated GDP data</p><p>Shares in <strong>Asos</strong> fell more than 11% to a near-six month low, after the British online fashion retailer said full-year revenues will miss forecasts and fall more steeply amid weak consumer spending.</p><p>The shares fell to 260p in early trading, the lowest since 9 April, making them the biggest loser on the FTSE Smallcap Index, and are now trading 9% down at 267p.</p> <a href="https://www.theguardian.com/business/live/2025/sep/30/uk-economy-grew-faster-than-thought-six-months-labour-government-markets-pound-sterling-business-live">Continue reading...</a>