Recession fears ease as UK economy grows faster than expected.

A worker irons the leather on a seat at Bentley's
manufacturing facility in Crewe, UK. Photo: Darren Staples/Reuters

Fears of a UK recession easing on Monday as new data showed better than expected economic growth in July.

The UK economy grew by 0.3% between June and July, according to the Office of National Statistics (ONS). Economists had forecast month-on-month growth of 0.1%, up from 0% in June.

In the three months to July, growth was flat. Rob Kent-Smith, head of GDP at the ONS, said: “GDP growth was flat in the latest three months, with falls in construction and manufacturing.



By Oscar Williams-Grut.
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