What to expect from the world's biggest economies

Second quarter GDP data confirmed the UK economy continues to turn a corner. The 0.7% quarterly rise, while far from astounding, was another step in the right direction and continues to paint a brighter outlook for the UK. A breakdown of the individual sectors of the economy is even more encouraging, with a pickup in manufacturing, construction and services all pointing to a more balanced economy. Recent employment figures continue to show a steady improvement in market conditions. With Mark Carney's feet now under the table at the Bank of England, his comments suggest the current ...