Does strong economic growth so far in 2024 bode well for Rachel Reeves? Don’t count on it

Does strong economic growth so far in 2024 bode well for Rachel Reeves? Don’t count on it
By: The Guardian Posted On: August 15, 2024 View: 11

GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be toughBusiness live – latest updatesUK economy continues recovery with 0.6% growth in Q2In the first half of the year the UK economy grew at a faster pace than many economists believed was possible for the whole of 2024.Official figures show a rise of 0.6% in the second quarter and 0.7% increase in the first three months of the year, pushing the growth rate above the 1% mark some analysts had said at the start of the year was the likely maximum rate of expansion. Continue reading...

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