New figures from the Office for National Statistics show that GDP grew by 0.4% in the second quarter of the year, down from 0.6% in the first. Broken down:
The ONS said: “In output terms, growth in the latest quarter was mainly caused by an increase of 0.5% in the services sector; the construction sector increased by 0.3% and production output showed no growth.” World Cup doing heavy lifting…
John Healey said: “I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pressure on British businesses.
This is an active, hands-on government, putting British interests first – giving breathing space to those feeling the strain, making our country more resilient and bringing hope back. We’ve seen the fastest growth in the G7 this year, but we now need to double down and drive growth in every postcode.” The long tail of Iran…
Lord Khan in the Telegraph: “I hope, and I say this in a non-pompous way, that the public service I do will bring rewards in this world and the hereafter,” he says. “I’m hoping the work I do is earning me Brownie points.”