✉news BusinessEconomy first seen 8 h ago, last 6 h ago, peak #12
UK economy grows faster than first estimated in second quarter
Revised figures show the UK economy expanded faster in the second quarter than initially estimated, according to a report by the Financial Times. The upward revision suggests the economy was more resilient than earlier data indicated. The news is drawing attention as analysts weigh what stronger growth means for the outlook for Britain, including inflation pressures and Bank of England policy decisions.
Why now: Fresh official growth data revising the UK's second-quarter performance upward is new economic news with implications for interest rates and living standards.
United KingdomFinancial TimesBank of England
Evidence
- UK economy grows faster than first estimated in second quarter · Financial Times
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