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1st Jul 2024 16:47UKDaily Monitor

  • Money and credit data for May suggest consumption and investment will drive brisk GDP growth.
  • Consumers’ reducing the amount they save to pre-Covid norms suggests they are willing to spend.
  • Firms raised £10.4B of external finance in the past three months, above the £7.2B 2015-to-19 average.

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Keywords for: 2 July 2024 UK Monitor Lower consumer saving and firms raising finance will help growth

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