Economy to Stall; Virgin to Launch Space Trips: Sunday UK Briefing
Shoppers in central London, UK.
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Welcome to the new week when some key economic reports may make Rishi Sunak wish he could extend his California holiday a bit longer.
The big data. It could prove to be a rather grim week for UK economic data, with a report Friday expected to show the economy stalled in the second quarter as consumer spending remained flat. Industrial production may have ticked up slightly in June after contracting in May, but it wasn’t enough to keep the economy growing.