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By Daryl Gayler, NatWest Regional Director, Sussex and Surrey
The Q2 Regional Growth Tracker paints a promising picture of the UK economy. Economic growth picked up and the economy expanded by 0.7%q/q. However, our Regional Growth Tracker suggests that the gains were very unevenly distributed. Out in front, on its own, was London. The capital grew by 0.7%q/q. The reason? ICT and professional, scientific and technical services. Both sectors had a good quarter and London is more reliant than most on these.