The UK 's GDP increased by 0.3% in Q2 2019 , according to the Office for National Statistics , marking a return to growth after remaining flat in July . The news the UK may be dodging a recession sent sterling to a 2019 high at $ 1.2380 against the US dollar. Furthermore, London -based think tank the National Institute of Economic and Social Research The FTSE languished in the red at the start of the trading week, beaten down by the strengthening pound and a slump at Primark owner AB Foods. now predicts that the UK economy will grow by 0.3% in Q3 six-week , up from its previous forecast of 0.2% . It is thought Brexit stockpiling and the potential avoidance of a no-deal Brexit could help to buoy the economy.
The UK 's GDP increased by 0.3% in Q2 2019 , according to the Office for National Statistics , marking a return to growth after remaining flat in July . The news the UK may be dodging a recession sent sterling to a 2019 high at $ 1.2380 against the US dollar. Furthermore, London -based think tank the National Institute of Economic and Social Research now predicts that the UK economy will grow by 0.3% in Q3 six-week , up from its previous forecast of 0.2% . It is thought Brexit stockpiling and the potential avoidance of a no-deal Brexit could help to buoy the economy.