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The UK economy recorded 0.4% growth in July, partly on the back of artificial intelligence (AI) investment according to early official figures that outperformed expectations. The Office for National Statistics (ONS) said output accelerated – on the back of 0.3% growth the previous month – as growth in services offset declines in production and construction. “Continuing recent trends, research and development and rental and leasing also helped drive growth, while wholesaling saw a notable fall.”
Source: uk.finance.yahoo.com
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*Investment involves risk. You may use the information, strategies and trading signals on this website for academic and reference purposes at your own discretion. 1uptick cannot and does not guarantee that any current or future buy or sell comments and messages posted on this website/app will be profitable. Past performance is not necessarily indicative of future performance. It is impossible for 1uptick to make such guarantees and users should not make such assumptions. Readers should seek independent professional advice before executing a transaction. 1uptick will not solicit any subscribers or visitors to execute any transactions, and you are responsible for all executed transactions.
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