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“While the UK economy has so far defied the gloom, experts are predicting a tougher end to the year as soaring energy and fuel prices caused by the Iran war are set to weigh on spending and growth.”

“UK economy grows faster than first thought amid service sector boost Britain’s economic growth was stronger than first thought in the second quarter of the year, according to official figures.”

“Thomas Pugh, chief economist at RSM UK, said: “For the Bank of England, the stronger economy and stabilising labour market means there is no longer a trade-off between low growth and high inflation.”

“…h we still need to see September’s inflation figure and any revisions to July’s earnings growth before we know for definite how much it will increase by in 2027, it’s looking very likely that the value of the full new state pension will surge past £13,000 –…”