UK house prices fell in June; London stock market celebrates best first half to a year since 2021 – business live
The GuardianTuesday, July 1, 2025 at 7:33:16 AM
The UK housing market took a hit in June with falling prices, while the London stock market had its strongest first half of the year since 2021—a mixed bag for the economy. Meanwhile, Bank of England governor Andrew Bailey cautioned that the UK, like other nations, is navigating economic "headwinds." He acknowledged Chancellor Rachel Reeves' clear fiscal plan but stressed the need for flexibility in managing the country's finances.
Editor’s Note: This story captures the push-and-pull of the UK economy right now—some sectors are thriving while others struggle, and policymakers are walking a tightrope between stability and adaptability. For everyday people, it’s a reminder that economic recovery isn’t uniform, and what happens next depends on both global trends and local decisions.
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