UK Economy Grows 0.4% in Second Quarter Despite Iran War Pressures
The UK economy expanded by 0.4% in the second quarter, with factors like the World Cup and hot weather contributing to growth. This occurred despite the slowdown caused by rising energy prices due to the Iran war.
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UK economy grew 0.4% in second quarter
Expansion comes as businesses weather surge in energy prices
Read full article →UK economy grows by 0.4% in second quarter as some businesses helped by World Cup and hot weather – business live
Live, rolling coverage of business, economics and financial markets as GDP rises in June despite Iran war after stagnating in May European stock markets have opened. The FTSE 100 in London has dipped marginally, down 0.1% in the first few minutes of trading. Intercontinental Hotels Group is the biggest riser, up 1.8% after results earlier this week. Continue reading...
By Jasper Jolly
Read full article →World Cup and June’s hot weather help UK economy withstand Iran war pressures
The ONS said GDP rose by 0.4% between April and June, helped by growth of 0.3% in June.
By Holly Williams
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