Article 63H50 UK economic growth remains tepid despite sizzling temperatures

UK economic growth remains tepid despite sizzling temperatures

by
Larry Elliott
from on (#63H50)

GDP bounceback is unimpressive after boost from Euro 2022 contest and Commonwealth Games

UK economy grows more slowly than expected amid cost of living crisis

The weather was hot but the economy was lukewarm. As temperatures in the UK rose above 40 degrees centigrade for the first time, growth in July remained tepid.

To be sure, the economy expanded, but some boost to activity was expected after the hit to growth in June caused by the double bank holiday to celebrate the late Queen's platinum jubilee.

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