Press releases

GDP: Deloitte chief economist comments

28 August 2015

Commenting on the Office for National Statistics’ latest estimate of UK gross domestic product (GDP), Ian Stewart, chief economist at Deloitte, the business advisory firm, said:

“Britain's recovery, like America's, picked up in the second quarter.

“In the UK, exports and business investment have perked up and consumer incomes have rebounded strongly.

“Despite recent turmoil in the Chinese financial markets the UK and US look set for decent growth through the rest of this year.”

End

Notes to editors

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.

Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTTL and its member firms.

The information contained in this press release is correct at the time of going to press.

Member of Deloitte Touche Tohmatsu Limited.

Mark Smith
Deloitte LLP
+44 (0)20 7007 7082
+44 (0)75 9004 1301
marksmith@deloitte.co.uk

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