UK economy beats expectations in July amid AI boom; four interest rate hikes expected by next summer – business live - The Guardian

UK Economy Surpasses Expectations in July, Fueled by AI Boom

The UK economy beats expectations in July, with strong indications of a booming AI sector. Market analysts predict four interest rate hikes by next summer, reflecting the economic momentum.

The Guardian brings you the latest updates on these developments in their live business coverage.

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