Second quarter UK economic growth is expected to reach 0.5%, which may be the last positive reading for a while in light of the UK's Brexit vote back in June. Second quarter GDP growth is set to accelerate as solid household consumption and strong retail sales keep the economy's wheels turning at a solid pace, disregarding the decision of UK citizens to opt for Brexit in the European Union referendum on June 23. The Office for National Statistics (ONS) is expected to show that GDP growth rose 0.5% in the second quarter of 2016, accelerating from first quarter's 0.4% rise. Some analysts, however, believe that the ... (full story)