Economic growth (GDP), Economic policy, Politics, Economics, Business, Rachel Reeves, Consumer spending, Office for Budget Responsibility, Services sector Business | The Guardian
GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be toughBusiness live – latest updatesUK economy continues recovery with 0.6% growth in Q2In the first half of the year the UK economy grew at a faster pace than many economists believed was possible for the whole of 2024.Official figures show a rise of 0.6% in the second quarter and 0.7% increase in the first three months of the year, pushing the growth rate above the 1% mark some analysts had said at the start of the year was the likely maximum rate of expansion. Continue reading…
GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be tough
Business live – latest updatesUK economy continues recovery with 0.6% growth in Q2
In the first half of the year the UK economy grew at a faster pace than many economists believed was possible for the whole of 2024.
Official figures show a rise of 0.6% in the second quarter and 0.7% increase in the first three months of the year, pushing the growth rate above the 1% mark some analysts had said at the start of the year was the likely maximum rate of expansion.
