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UK economy grows despite Iran war hit
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Guardian Business
UK economy grew by 0.1% in May despite impact of Iran war
Rise in GDP follows a 0.1% decline in April, figures from the Office for National Statistics show
The UK economy grew by 0.1% in May, despite the impact of the Iran war on energy costs, official figures show.
The Office for National Statistics said GDP rose, following a 0.1% decline in April. The figures were in line with a 0.1% rise in May that economists had forecast.
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16 Jul, 06:03
Centre
(1)
City AM
UK economy grows despite Iran war hit
The UK economy grew marginally in May after strong performance in parts of the services sector helped soften the impact of Iran war and narrowly prevented a contraction. Fresh figures from the Office for National Statistics (ONS) have revealed the economy grew 0.1 per cent in May, broadly in line with market expectations. The services [...]
16 Jul, 06:18
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