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UK economy grew more slowly than thought but outlook improving

Summary by Business Times
BRITAIN’S economy grew more slowly than previously thought in the second quarter but there were also some signs of improvement in household finances ahead of next month’s annual budget.
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Britain's gross domestic product (GDP) increased by 0.5 percent in the second quarter of this year compared to the previous three months. The pace of economic growth was thus a little slower than originally expected. The British Statistics Office stated this in its updated report today. Britain's public debt may rise sharply, the problem is climate change and an aging population According to a preliminary estimate from mid-August, economic gro…

·Bratislava Region, Slovakia
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Business Times broke the news in on Monday, September 30, 2024.
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