The UK economy grew by a much better than expected 0.4% in July - but experts warn a slowdown is looming amid jump in Iran war related costs
John Healey insists UK economy is 'resilient' after forecast-smashing growth in July
The UK economy grew by a much better than expected 0.4% in July - but experts warn a slowdown is looming amid jump in Iran war related costs
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Graham Hiscott Business and Consumer Editor
UK Chancellor John Healey has continued the government's strategy of being more positive about the country's economic prospects.
Welcome boost for chancellor with unexpected rise put down to rapid growth of AI in services sector outweighing Iran war fallout
The UK economy grew a sluggish 0.1 per cent in May as a boom in parts of the services sector helped prevent a contraction.
The UK economy grew 0.4% in the second quarter despite higher energy costs from the Iran war, although economists expect momentum…
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Some economists think GDP will have increased 0.4% for the second quarter, between April and June.
UK economy beats expectations in July with 0.4% growth
