Britain economy slowed down during the second quarter of the year but growth came in higher than anticipated
LONDON — Britain’s economy slowed down during the second quarter of the year in the face of higher taxes on businesses and global tariff uncertainties, but growth came in higher than anticipated, official figures showed Thursday.
The Office for National Statistics said output expanded by 0.3% during the second quarter from the previous three-month period, largely as a result of a strong performance in June.
Though that was lower than the 0.7% increase in the first quarter of the year, it was ahead of market expectations of only a 0.1% rise.
The bigger than expected increase will be welcome new