Analysts say UK’s August growth beat opens door to higher interest rates
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Analysts say UK’s August growth beat opens door to higher interest rates
Britain’s economy grew unexpectedly in August, extending a run of resilient data that will encourage finance minister John Healey as he prepares his budget against a tough financial backdrop. The Office for National Statistics said gross domestic product rose 0.1% in August, against a consensus for»»»
AI-boosted UK economy beats forecasts, giving Healey pre-budget lift
A view of London’s financial district. Computer programming was the largest contributor to growth in the three months to August. (EPA Images pic) MANCHESTER: Britain’s economy beat forecasts in August as a further jump in the computer programming sector offered fresh evidence that AI is boosting gr»»»
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