Recovering U.K. Leaves Europe in its Wake

The U.K. economy is shifting up a gear and leaving its European neighbors trailing.

Second quarter GDP figures for the world’s sixth-biggest economy due this week should show growth of about 0.6%, twice the rate of expansion seen in the first three months of the year.

By comparison, economists say the eurozone — which publishes its own Q2 figures in August — will struggle to do much better than stagnate or post the slimmest growth. It’s on course for a second consecutive year of contraction as austerity measures, record unemployment and a wounded banking system continue to depress demand.


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