HSBC economists expect a rebound to 0.2% growth on a quarterly, seasonally adjusted basis but a slowdown to 1.7% on the year, from minus 0.2% and 2.3% respectively in the second quarter.
Sterling rose to its strongest level against the euro in two-and-a-half years after U.K. retail sales data suggested the country’s economy could be performing well, in contrast to rising signs of a ...