Loans and Finance

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Wednesday, July 26, 2017

UK Q2 Growth 0.3%

Growth in Q2 was 0.3%, significantly better than the Treasury's doom and gloom forecast borne out of Project fear!
  • The growth in Quarter 2 2017 was driven by services, which grew by 0.5% compared with 0.1% growth in Quarter 1 (Jan to Mar) 2017.
  • The largest contributors to growth in services were retail trade, which improved after a fall in the first quarter, and film production and distribution.

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