Stronger than expected 0.5% UK GDP growth sharpens focus on inflation, borrowing costs and the Chancellor’s upcoming Budget.
Figures out today show that the UK economy has once again outperformed forecasts, with GDP for the April–June quarter revised up to 0.5%, an increase on the earlier estimate of 0.4%. The upgrade is a result of stronger exports, firmer business investment, and a services sector that proved more robust than expected. For financial markets, […]