• 2 months ago
Growth across the UK economy was weaker than previously thought over the spring, according to revised official figures. The Office for National Statistics (ONS) said gross domestic product (GDP) increased by 0.5% between April and June, revised down from an initial estimate of 0.6%.
Transcript
00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post. I bring
00:07you some major breaking economic news this morning. Growth across the UK economy was
00:13weaker than previously thought over the spring, according to revised official figures. The
00:20Office for National Statistics said gross domestic product increased by 0.5% between
00:27April and June, which is revised down from an initial estimate of 0.6%. Growth was driven
00:35by an increase in the services sector, while the manufacturing and construction sectors
00:40dragged on the headline figure, according to the ONS. The figures show the UK economy
00:46continued its recovery from recession at the end of last year, albeit at a slightly slower
00:51pace than previously thought. So an update this morning on the UK economy. Growth across
00:56the UK economy was weaker than previously thought over the spring, according to new
01:02official figures. My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire
01:06Post.

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