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9 months ago

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Breakingviews - UK GDP jump offers little relief to BoE

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Breakingviews - UK GDP jump offers little relief to BoE

Like the England soccer team in their latest World Cup match, the UK economy scored an unexpected victory in June. The larger-than-forecast 0.5% rise in GDP in June meant that output grew 0.2% in the second quarter compared to the previous three months. That's a modest acceleration but not enough to force the Bank of England to hike rates again in September.

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Breakingviews - UK GDP jump offers little relief to BoE

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