• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

What’s Your Retirement Forecast? Heat, Hurricanes And Wildfires Ahead

July 13, 2025

Verizon’s Push to Keep Phones Locked Could Cost You

July 13, 2025

Fed Fight Heats up: What Trump’s Choice Could Mean for You

July 13, 2025
Facebook Twitter Instagram
Trending
  • What’s Your Retirement Forecast? Heat, Hurricanes And Wildfires Ahead
  • Verizon’s Push to Keep Phones Locked Could Cost You
  • Fed Fight Heats up: What Trump’s Choice Could Mean for You
  • How I Went From Side Hustle to 7 Figures Using These 4 AI Tools (No Tech Skills Needed)
  • How Mastering Your Nervous System Boosts Leadership Presence and Performance
  • This $50 Lifetime Travel Hack Is Made for Remote Workers
  • Manage Clients, Projects, and Sales Without Leaving Your Dashboard
  • The Real Currency Of Life, According To Naval Ravikant
Sunday, July 13
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » UK economy posts surprise second-quarter growth as households kept spending
News

UK economy posts surprise second-quarter growth as households kept spending

News RoomBy News RoomAugust 11, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

LONDON — The U.K. economy beat expectations with 0.2% growth in the second quarter, boosted by household consumption, the Office for National Statistics said Friday.

Economists polled by Reuters had expected the U.K. GDP to flatline in the second quarter, after eking out surprise growth of 0.1% in the first quarter, as the Bank of England’s tightening of monetary policy and persistent inflation began to constrain demand.

The economy expanded by 0.5% in June, beating a forecast of 0.2% growth. It follows monthly GDP growth of 0.1% in May and 0.2% in April.

Output was bolstered by 1.6% growth in manufacturing and 0.7% in production in the second quarter, while services grew by 0.1%.

The ONS noted strong growth in household and government consumption in terms of expenditure. Both faced price pressures in the quarter, though this moderated from the previous three-month period.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

RSS Feed Generator, Create RSS feeds from URL

News October 25, 2024

X CEO Linda Yaccarino addresses Musk’s ‘go f—- yourself’ comment to advertisers

News November 30, 2023

67-year-old who left the U.S. for Mexico: I’m happily retired—but I ‘really regret’ doing these 3 things in my 20s

News November 30, 2023

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

News November 29, 2023

Americans are ‘doom spending’ — here’s why that’s a problem

News November 29, 2023

Jim Cramer’s top 10 things to watch in the stock market Tuesday

News November 28, 2023
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Verizon’s Push to Keep Phones Locked Could Cost You

July 13, 20251 Views

Fed Fight Heats up: What Trump’s Choice Could Mean for You

July 13, 20251 Views

How I Went From Side Hustle to 7 Figures Using These 4 AI Tools (No Tech Skills Needed)

July 12, 20251 Views

How Mastering Your Nervous System Boosts Leadership Presence and Performance

July 12, 20250 Views
Don't Miss

This $50 Lifetime Travel Hack Is Made for Remote Workers

By News RoomJuly 12, 2025

Disclosure: Our goal is to feature products and services that we think you’ll find interesting…

Manage Clients, Projects, and Sales Without Leaving Your Dashboard

July 12, 2025

The Real Currency Of Life, According To Naval Ravikant

July 12, 2025

New Bill Would Eliminate Income Taxes on Home Sales

July 12, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: support@isafespend.com

Our Picks

What’s Your Retirement Forecast? Heat, Hurricanes And Wildfires Ahead

July 13, 2025

Verizon’s Push to Keep Phones Locked Could Cost You

July 13, 2025

Fed Fight Heats up: What Trump’s Choice Could Mean for You

July 13, 2025
Most Popular

What’s Your Retirement Forecast? Heat, Hurricanes And Wildfires Ahead

July 13, 20251 Views

Verizon’s Push to Keep Phones Locked Could Cost You

July 13, 20251 Views

Fed Fight Heats up: What Trump’s Choice Could Mean for You

July 13, 20251 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.