UK economy unexpectedly stalls again in July, dealing blow to new government

Quick Summary:

GDP growth was unchanged in July after flatlining in June.

The British economy outpaced all of its Group of Seven peers in the first half with an expansion of 1.3 per cent.

The investment – to build, operate and maintain data centres in Britain – could contribute £14 billion to the country’s GDP and support more than 14,000 jobs annually across the supply chain, Amazon said.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Keir Cent Party Growth Prime Starmer Minister Data Amazon First Labour

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 14:53:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22456703

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 16 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #25

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