UK economy posts surprise 0.3% growth in three months to June
by Richard Partington Senior economics correspondent from on (#6ZABX)
GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion in June
The UK economy grew at a faster rate than expected in the second quarter, official figures show, despite a slowdown from a strong start to the year amid pressure from tax increases and Donald Trump's global trade war.
Figures from the Office for National Statistics (ONS) showed growth in gross domestic product slowed to 0.3% in the three months to the end of June, down from a rate of 0.7% in the first quarter.
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