We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Better weather helps UK GDP pick up pace

2 27 1
10.08.2018

The UK economy has shrugged off the impact of the extreme weather during the first quarter of this year, with the second quarter doubling the pace of growth.

GDP grew by 0.4 per cent in the three months to June, up from a revised growth of 0.1 per cent in the three months to May.

Head of national accounts at the Office for National Statistics, Rob Kent-Smith, said: “The economy picked up a little in the second quarter with both retail sales and construction helped by the good weather and rebounding from the effects of the snow earlier in the year.

"However, manufacturing continued to fall back from its high point at the end of last........

© City A.M.