UK growth up marginally on stronger services, oil output surge
London
UK economic growth accelerated in the second quarter as business services and finance strengthened and North Sea output surged.
The 0.7 per cent increase in gross domestic product (GDP) marked a 10th straight expansion and followed a 0.4 per cent advance in the previous three months. It was in line with the median forecast in a Bloomberg survey.
TRENDING NOW
One-third of Singapore-listed firms at risk in severe AI downturn: MAS
‘Not done’: Keppel CEO Loh Chin Hua transformed the group, but says there’s ‘still a lot to do’
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
‘We don’t want to stay as we are’: CEO Patrick Ng builds a more resilient Huationg
