UK GDP figures show how economy was growing before Brexit vote – business live

Discussion in 'Market News' started by Lily, Jul 27, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    New growth figures will reveal if Britain’s economy was in good health before the EU referendum

    8.15am BST

    Phamaceuticals firm GlaxoSmithKline has given the British economy a boost, by announcing a £275m investment programme to expand its UK manufacturing sites.

    “An investment of this scale is a clear vote of confidence in Britain and underlines our position as a global business leader.

    GSK’s recognition of our skilled workforce, world leading scientific capabilities and competitive tax environment is further proof that there really is no place better in Europe to grow a business.”

    7.52am BST

    Good morning.

    Britain’s economy is centre-stage today, as we await the official UK GDP figures for the second quarter of this year.

    “It will tell us if the referendum gave the UK economy the jitters in the lead up to the vote.

    “There are several indicators which have pointed to a slowdown in economic activity as the referendum approached.”

    Continue reading...

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