UK economy rises 0.4% in July

The British economy experienced unexpected growth of 0.4% in July, after forecasts predicted a halt in growth, thanks to the services sector and increased use of artificial intelligence. AI technologies and advancements in technology have helped boost economic performance over the past three months, with a significant contribution from computer programming. Additionally, increased production in manufacturing, water supply, and construction industries supported this growth, while the impact of heatwaves on spending at restaurants and pubs was less pronounced compared to June.

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