UK Growth Risks Tilt Higher, Deutsche Bank Says

Deutsche Bank’s Sanjay Raja noted that the UK economy remained strong through the spring months. The bank said UK GDP rose 0.4% quarter-on-quarter, while annualised growth in the first half also pointed to continued economic momentum.

The note added that growth risks for the UK are now tilted to the upside, suggesting a firmer activity backdrop than previously expected.

The update supports a constructive domestic growth narrative and may be relevant for sterling-focused markets. The shared excerpt did not include detailed forecasts, targets, or additional monetary policy commentary.