UK Economy Grows 0.3% in Second Quarter, Beating Expectations
Growth slows but remains stronger than forecast
The UK economy expanded by 0.3 percent in the second quarter, slowing from previous periods but exceeding analysts’ expectations.
Officials say the growth reflects resilience in key sectors despite global trade headwinds, with the performance likely to influence the Bank of England’s approach to interest rate adjustments.
Officials say the growth reflects resilience in key sectors despite global trade headwinds, with the performance likely to influence the Bank of England’s approach to interest rate adjustments.
