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 »