Healey Hails Resilient UK Economy Amid Global Uncertainty

UK Chancellor John Healey has hailed Britain's economy for showing resilience in the face of global uncertainty, citing stronger-than-expected GDP data.

The data released for July showed a 0.4% expansion, beating estimates of a flat performance.

This news has led to a slight appreciation in the British Pound (GBP), with GBP/USD trading 0.1% higher at around 1.3525 as of writing.

In his comments, Healey emphasized that despite global uncertainty, Britain's economy is demonstrating a welcome resilience.