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UK Economic Growth Bounces Back as Service Sector Expands

Despite faltering in the first quarter of 2018, the UK economy has since rebounded – largely on the strength of its services sector, which is responsible for nearly 80% of the country’s GDP. As reported by The Guardian, IHS Markit chief economist Chris Williamson has cited evidence suggesting that the economy has grown by 0.4% in the just-elapsed second quarter. Three months of healthy growth in services The second-quarter figure would be double the growth rate re... Read more »
by Nelly Mkhize | Published 4 months ago

By Nelly Mkhize On Friday, July 27th, 2018

UK Economic Growth Bounces Back as Service Sector Expands

Despite faltering in the first quarter of 2018, the UK economy has since rebounded – largely on the strength of its services sector, which is responsible for nearly 80% of the country’s GDP. As repo... Read more »