UK ‘still at risk of recession’ despite July rebound; markets lifted by Ukraine’s advances – business live

UK economy expanded by 0.2% in July, less than hoped, with growth driven by customer-facing services such as the sports and recreation sector

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

Economic growth has been choppy this year, as this chart of monthly GDP shows:

After 0.6% growth in January, the UK economy stagnated in February, then grew 0.1% in March.