✉news BusinessEconomy first seen 1 d ago, last 11 h ago, peak #1
UK economy grew faster than thought in second quarter, cementing G7 lead
Revised figures show the UK economy expanded faster than previously estimated in the second quarter, strengthening its position as the fastest-growing economy in the G7 this year. The upgraded data is being read as a rare piece of good news for the government and for businesses facing weak demand, though economists caution that underlying growth remains modest and household pressures persist.
Why now: Fresh official revisions showing the UK outpacing other G7 economies surprised analysts and fed debate over the strength of the recovery.
United KingdomG7Office for National Statistics
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