UK economy ekes out growth in August but not enough to prompt more rate rises
A modest 0.2% rise in GDP was reported
A modest 0.2% rise in GDP was reported
The slide was much greater than forecasts of 0.2%
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Five investment trust managers share their outlooks and opportunity sets
The economy contracted by 0.1% in May
Industry commentators remain unconvinced by October’s 0.5% rise
As risk of a recession later in the year looms large
Last week OECD slashed its UK growth forecast for 2023 to zero
GDP falls short of analyst expectations in February, fuelling fears of Q2 contraction
The OBR now expects the economy to grow at 3.8% in 2022
‘While the output we saw in July was disappointing, we have to remember that GDP is always backward looking’
GDP contracted in the first quarter as it was hit with fresh lockdowns