Weekly Economic Briefings > Uk Weekly Economic Briefing

The week delivered a game of two halves as far as the economic data was concerned. Evidence on the economys pre-referendum performance was positive, with GDP growth in Q2 coming in at a robust 0.6%, an acceleration on the first quarters pace. But many, albeit not all, of the recent surveys have struck a gloomy tone on the near-term outlook. That the MPC will take action to support the economy when it meets next week looks certain.