Few expected Britain to boom but the GDP figures will worry the Treasury

Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growth

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It was hardly surprising that the chancellor, Rachel Reeves, declared herself “not satisfied” with the news that GDP expanded by a measly 0.1% in the three months to September.

Few could have expected Labour to kickstart an economic renaissance from day one, despite its “mission” to deliver the highest sustained growth in the G7.