Disappointment for beleaguered Rachel Reeves as UK economy growth slows to just 0.3% between April and June

Rachel Reeves has taken another blow this morning official figures showed the UK economic growth slowed by 0.3 per cent in the second quarter of this year. 

The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.3 per cent between April and June this year. 

It is a reduction in growth compared to the first three months of the year when it was recorded at 0.7 per cent. 

The Chancellor praised the figures as a ‘positive’ sign for the country and a ‘strong start’ to the economic year. 

 She wrote on X: ‘Today’s economic figures are positive with a strong start to the year and continued growth in the second quarter.

‘But I know there is more to do to deliver an economy that works for working people – and rewards working people.’

Rachel Reeves (pictured) has been given a boost after official figures showed the UK economy grew by 0.3% between April and June

Rachel Reeves (pictured) has been given a boost after official figures showed the UK economy grew by 0.3% between April and June

Source link

Related Posts

Load More Posts Loading...No More Posts.