✉news BusinessEconomy first seen 12 h ago, last 34 min ago, peak #1
UK economy grew faster than thought in second quarter, cementing G7 lead
The UK economy expanded faster than previously estimated in the second quarter, strengthening its position as the fastest-growing economy in the G7. Revised figures from the Office for National Statistics show stronger growth than first reported, offering Chancellor Rachel Reeves a rare piece of positive economic news. Commentators note the improved data may ease pressure on the government, though concerns about taxes and living costs remain.
Why now: Fresh revised GDP figures beat expectations and confirm the UK is outpacing other G7 economies.
United KingdomOffice for National StatisticsG7Rachel Reeves
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