UK economy registers 'surprise' expansion in July

GDP growth swings up to 0.4% amid record heatwave and AI spend

clock • 3 min read
UK growth in July surprised economists, with AI and technology spending helping to boost services output
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UK growth in July surprised economists, with AI and technology spending helping to boost services output

The UK economy recorded 0.4% growth in July as the services sector was boosted by the hot weather and tech spending.

Monthly GDP growth was again buoyed by strong services growth (0.4%), but also an expansion of production (0.2%) and construction (0.1%) output, according to Office for National Statistics (ONS) fi...

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