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Phoebus comment on GDP

12 September 2025

Richard Pike, chief sales and marketing officer at Phoebus says:

"Flat monthly GDP highlights the fragile state of the UK economy and raises fresh questions about how policymakers will respond. The Bank of England may feel renewed pressure to take a more supportive stance, whether through signalling future rate cuts or other measures to stimulate demand. For the housing market, weaker growth risks dampening buyer confidence and delaying decisions, particularly at a time when affordability remains stretched. Any action to underpin the wider economy will be watched closely by households and the property sector alike."