Oil price drops on hopes for Hormuz meeting between Iran and Gulf states; four UK interest rate hikes expected by next summer – business live
Rolling coverage of the latest economic and financial news, as energy prices fall and the UK economy beats expectations UK economy unexpectedly grows 0.4% in July boosted by AI Digging into today’s GDP report a little, we can see that the UK services sector had a decent July, with growth in 11 of it