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U.K. Brexit Fears Calmed Amid Strong Economic Data

Britain’s economy was not hit as hard as previously thought in the wake of the Brexit vote, a new tranche of data from the U.K.’s Office for National Statistics (ONS) suggests. The UK services sector grew 0.4 percent in July, much more strongly than expected after the June referendum on leaving the European Union. The growth was slightly faster than the 0.3 percent figure between May and June, before the vote.
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