UK Economy Hit by Global Headwinds as BoE Stays in Wait-and-See Mode

According to official hard data, gross domestic product (GDP) in Britain managed to pick up sharply between the first and second quarters. While output in the first three months of this year was revised down to 0.7%, second-quarter growth accelerated to 0.9%, and economists expect growth to keep its…

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UK Economy Hit by Global Headwinds as BoE Stays in Wait-and-See Mode