NIESR says the UK economy grew 0.7% in the June quarter but slowed from a 0.9% pace in the three-months end in May. Headwinds ahead for the UK economy include budget consolidation in the UK and euro zone, the think-tank says.
Cable has been a major laggard today after a sharp drop in UK house prices was released overnight. 1.5080 is important support on weakness. Stops are perched below…
