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30th Sep 2024 13:29UKDaily Monitor

  • Q2 GDP growth was revised down to 0.5% quarter-to-quarter, but the mix of growth is better…
  • …Business capex growth was revised up and cuts to the saving rate signal less cautious consumers.
  • Surging mortgage approvals show consumers are responding quickly to the MPC’s interest rate cut.

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Keywords for: 1 October 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence