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Entrepreneurs Panel

Charlie Mullins
Steve Purdham
Michael Oliver
Tony Caldeira
Laura Tenison
Jeremy Roberts
Jennie Johnson
Debbie Pierce
Brian Hay
Richard O'Sullivan
Julie Meyer
David Pollock

UK growth revised up to 0.7%

UK growth was stronger than previously thought in the run-up to the Brexit vote, according to official figures.

The Office for National Statistics revised GDP growth for the three months to June to 0.7 per cent, up from its initial estimate of 0.6 per cent.

This compares with growth of 0.4 per cent for the first quarter of the year.

Meanwhile, ONS data shows growth in the services sector was much stronger than expected in the aftermath of the EU referendum, climbing by 0.4 per cent in July.

Darren Morgan, a statistician for the ONS, said: "Together this fresh data tends to support the view that there has been no sign of an immediate shock to the economy, although the full picture will continue to emerge."

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