UK economic growth slows but beats forecasts

UK economic growth slowed to 0.3% in the second quarter, but beat expectations, led by services and construction sectors, according to the Office for National Statistics. Chancellor Rachel Reeves called the figures "positive," highlighting the need for an economy benefiting working people, though critics like Conservative shadow chancellor Mel Stride criticized the government's economic policies. Despite the June performance, economists like Ruth Gregory cautioned that global economic challenges and tax-related uncertainties could hamper continued growth in the UK.