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UK economy unexpectedly grows 0.4% in July boosted by AI

By The Guardian

UK economy unexpectedly grows 0.4% in July boosted by AI

The UK economy grew in July as the rapid expansion of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for John Healey.

Figures from the Office for National Statistics (ONS) showed a surprise 0.4% increase in gross domestic product (GDP), compared with 0.3% growth in June. City economists had forecast zero growth.

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Source: The Guardian