UK recession fears recede after surprise economic growth
by Larry Elliott from on (#4PXV2)
Country avoids technical recession - but GDP is stagnant across three-month period
The risks of the UK sliding into its first recession in a decade have receded after a stronger-than-expected and across-the-board 0.3% increase in activity in July.
Data from the Office for National Statistics showed that after a dismal spring and early summer all sectors of the economy registered growth in the third quarter's first month.
Related: Brexit recession fears ease as UK returns to growth in July - business live
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