Economy returns to growth after two months of contraction. What it means for your money 💷⬇️
as Prime Minister, has said he would only lower taxes once inflation was in check if he enters No 10.
“The key source of upside surprise came from a surge in GP appointments; growth in consumer facing services actually fell over the month, with notable weakness noted in the retail sector. The one bright spot remains the travel sector, with demand for holidays remaining strong. If May had shown the economy contracting further, it would have meant the UK had seen one quarter of negative growth.
“Of course, it is far too soon to conclude that the economy will be able to get through this period of unusually high inflation largely unscathed. With real household disposable incomes set to fall further in the third quarter, a recession is still a real risk,” he said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mother-of-two barred from returning to UK with son after giving birth in JamaicaMother-of-two barred from returning to UK with son after giving birth in Jamaica by LeahMahon_
Read more »
Kerry Katona ‘proud’ as daughter Heidi, 15, gets her first job in a hair salonEXCLUSIVE: Proud mum Kerry Katona has revealed her 15 year old daughter Heidi has got her first job, as she admits it’s “really important” for her to start earning her own money
Read more »
Call the Midwife star reveals real reason why you'll never see former cast members make a comebackCall the Midwife star Stephen McGann has revealed that it's highly unlikely that any of the former stars will ever make a return - and the reason why might surprise you
Read more »
It’s Amazon Prime Day, Which Means There’s Up To 30% Off Le Creuset ProductsIt's Amazon Prime Day, and we're here to bring the the best deals from French cookware giant, Le Creuset, with up to 30% off. Read more on Grazia.
Read more »
Saudi prince handed £8m to solicitor for 'supercars' - and never saw it againAn Accrington solicitor took millions of pounds off a supercar-loving Saudi Prince before failing to deliver the vehicles or return most of the money
Read more »