We start here in the uk, where figures out earlier show the uk economy grew by 0. 2 between april and june following a rebound from an extra bank holiday for the kings coronation. Growth injune alone was stronger than expected at 0. 5 . High inflation remains a problem. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. So where is the Economy Heading . Were nowjoined by victoria scholar, who is the head of investment at interactive investor. Lovely for tojoin us lovely for to join us here on the programme. Not. 2 . Essentially, thatis programme. Not. 2 . Essentially, that is stagnation, isnt it . Actually, these figures are a bit better than analysts were expecting, both in the Second Quarter and in june we saw particular strength in the construction. Injune we saw a bounce back in manufacturing, publishing, so things like books and magazines also fare pretty well, and car sales have been benefiting from the fact the
government be doing more, what is the feeling from business? trying to sto the feeling from business? trying to step inflation the feeling from business? trying to stop inflation and the feeling from business? trying to stop inflation and trying the feeling from business? trying to stop inflation and trying to - the feeling from business? trying to stop inflation and trying to have - stop inflation and trying to have strong growth are often two goals to conflict with each other. getting interest rates up is about trying to slow down the economy. the government need to focus on bringing inflation back down under control, towards a more manageable level. it is more than four times higher than where it needs to be. from that springboard we can really focus on growth again. to asia now and one of china s biggest property developers, country garden group, has warned it faces losses of up to $7.6 billion for the first half of this year.
Warszawska giełda pobiła historyczny rekord Szósty raz z rzędu money.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from money.pl Daily Mail and Mail on Sunday newspapers.