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International Business Times
International Business Times
Business

REVEALED: Uk economy slows less than feared after tariffs | Rare Historical Photos

Britain's economy grew 0.3 percent in the second quarter -- better than feared but a slowdown from 0.7 percent in the first three months of the year. (Credit: AFP)

Britain's economy performed better than expected in the second quarter as it weathered the impact of US tariffs and a higher UK business tax, official data showed Thursday.

Gross domestic product grew 0.3 percent in the April-June period, the Office for National Statistics (ONS) said in a statement -- beating analyst forecasts of 0.1-percent growth after reaching 0.7 percent in the first quarter.

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