Does strong economic growth so far in 2024 bode well for Rachel Reeves? Don’t count on it
by Phillip Inman from on (#6Q028)
GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be tough
In the first half of the year the UK economy grew at a faster pace than many economists believed was possible for the whole of 2024.
Official figures show a rise of 0.6% in the second quarter and 0.7% increase in the first three months of the year, pushing the growth rate above the 1% mark some analysts had said at the start of the year was the likely maximum rate of expansion.
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