A better June sees GDP growth beat expectations

Rachel Reeves at No 11
The UK economy grew by 0.3% in the second quarter, the latest ONS data has revealed, as a slow and mixed performance continues. Positively, a relatively strong June meant it beat pessimistic expectations of just 0.1% growth for April-June, and is good compared with post-Covid figures, which have only had four better quarters for growth since the start of 2022. However, it is a marked slowdown on the 0.7% figure for Q1, the Government loses its boast of the UK economy being the fastest-growing in the G7, and 0.3% is never going t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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