this post was submitted on 15 Aug 2024
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The UK's economy grew by 0.6% between April and June as it continued its recovery from the recession at the end of last year.

The latest figure was in line with forecasts and follows a 0.7% increase in the first three months of this year.

Growth was led by the services sector, in particular the IT industry, legal services and scientific research. Services are the biggest contributor to the UK's economy, far outstripping manufacturing and construction, both of which saw output fall between April and June.

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[–] KryptonNerd 17 points 3 months ago (1 children)

I mean if everyday things like food and rent are still too expensive then it's not really recovering. I don't really see how the pursuit of endless growth can possibly be good for regular people.

[–] CheeseNoodle@lemmy.world 4 points 3 months ago

Exactly this, wake me up when the cost of living increases stop greatly outpacing wages.

[–] NigelFrobisher@aussie.zone 6 points 3 months ago (1 children)

I want to know why the government still isn’t bringing out the big guns like Mr Blobby to inspire the nation back into prosperity.

[–] HumanPenguin@feddit.uk 6 points 3 months ago

You may have missed it. But Bojo is no longer an MP. So no one to wear the suit.

[–] geophysicist@discuss.tchncs.de 2 points 3 months ago

Wow, with this impressive growth we will be recovered by only 2300!