Your June guide to the UK economy, giving you a monthly overview of the major trends impacting the UK's main business sectors.
Let there be growth!
The UK economy had a strong start to the year. GDP grew by a barnstorming (not a word that we’ve used to describe UK growth for a while) 0.6% in Q1 2024 – reversing the decline seen in H2 2023, when the economy had fallen into a mild recession. There were a few qualifiers to the Q1 outturn: volatility in net trade and flows of non-monetary gold drove a good chunk of growth. And he