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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

UK income growth revised upwards as markets hail ‘resilient’ economy

People walk past the City of London skyline
The ONS said the Britain’s GDP rose by 0.5% in the second quarter. Photograph: Vuk Valcic/SOPA Images/Shutterstock

UK household income grew at a stronger pace than previously estimated during the first six months of the year, according to revisions of official data.

The rise in income per head to 1.1% between January and June followed an increase in the level of economic growth that illustrated the resilience of the UK economy since the outbreak of hostilities in the Middle East more than seven months ago.

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