The 0.1% m/m rise in real GDP in May is not a bad welcome gift for incoming Prime Minister Andy Burnham as it suggests the economy may have grown by around 0.4% q/q in Q2. But with higher energy prices still restraining real incomes, he shouldn’t get used to it. And, alas, there will be no World Cup winning boost.
We'll be answering your questions on what Andy Burnham means for the economy, housing and financial markets in a 20-minute online briefing at 2pm BST on Tuesday 21st July. (Register here.)
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