Dip in investment sours growth figures
Growth between April and June was 0.7 per cent, according to the Office for National Statistics – in line with its previous reading.
In year-on-year terms, growth was put at 1.3 per cent, down from the previous estimate of 1.5 per cent.
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Hide AdBusiness investment fell 2.7 per cent in the second quarter, compared with a previous reading of a 0.9 per cent rise.
Howard Archer, chief UK economist at forecasting consultancy IHS Global Insight said: “It was disappointing to see business investment revised down markedly.”