UK Economy Shows Strong Q2 Growth Amid Challenges

UK Economy's Robust Growth in Q2 2024

The UK economy demonstrated resilience with a 0.6% growth in Gross Domestic Product (GDP) during the second quarter of 2024. This growth follows a 0.7% expansion in the first quarter, marking the fastest pace in over two years, according to the Office for National Statistics. However, the momentum slowed as the country approached the latter half of 2024.