The UK economy has shown a modest but welcome uptick this morning, as new figures reveal growth between April and June.
After a period of uncertainty, this news offers a glimmer of hope for businesses and workers alike.
Rachel Reeves Responds to the Latest Figures
Chancellor Rachel Reeves acknowledged the data, highlighting it as a “positive” step forward.
She emphasized that the growth signals a strong start to the economic year, though she also reminded the public that challenges remain.
Growth Numbers Spark Optimism
According to the Office for National Statistics, the economy grew by 0.3% in the second quarter.
Reeves took to X to share her thoughts, stating:
“Today’s economic figures are positive with a strong start to the year and continued growth in the second quarter.
But I know there is more to do to deliver an economy that works for working people – and rewards working people.”
Looking Ahead
While the numbers are encouraging, policymakers and businesses will be closely watching the coming months.
The key challenge remains ensuring that growth translates into tangible benefits for workers across the country.