‘Calm before the storm’: City warns Healey growth spurt won’t last

cityam

Sep 11

John Healey is facing pressure to balance the books. The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, ...

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The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, ...</p>\n\n<a href=\"https://www.cityam.com/calm-before-the-storm-city-warns-healey-growth-spurt-wont-last/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Calm before the storm’: City warns Healey growth spurt won’t last</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Calm before the storm’: City warns Healey growth spurt won’t last\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-11 19:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/calm-before-the-storm-city-warns-healey-growth-spurt-wont-last/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>John Healey is facing pressure to balance the books. The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, ...</p>\n\n<a href=\"https://www.cityam.com/calm-before-the-storm-city-warns-healey-growth-spurt-wont-last/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHCO","symbol_name":"City Holding Company","start_time":0,"source_url":"https://www.cityam.com/calm-before-the-storm-city-warns-healey-growth-spurt-wont-last/","article_id":"2666252944","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/09/healey-e1789054887466.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/calm-before-the-storm-city-warns-healey-growth-spurt-wont-last/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2666252944","pubTimestamp":1789125247,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"John Healey is facing pressure to balance the books. The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, economists have warned the government.Fresh figures revealed on Friday that the economy expanded 0.4 per cent in July, ahead of initial forecasts that predicted flat growth.But economists have warned ongoing fiscal pressures triggered by the US-Iran war ahead of the Budget will continue to weigh on the public purse.‘Growth is going to be hard to come by’Yael Selfin, chief economist at KPMG, said the boost should lend some support to the public finances ahead of John Healey delivering his first Budget but warned it was unlikely to materially expand his room for manoeuvre.“With borrowing costs elevated and competing spending pressures remaining significant, difficult decisions on tax and spending are likely to remain unavoidable,” Selfin said.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CHCO":"City Holding Company","BK4211":"区域性银行"},"translate_title":"暴风雨前的平静： 市政府警告希利的增长不会持续太久","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHCO":1.5},"content_text":"John Healey is facing pressure to balance the books. The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, economists have warned the government.Fresh figures revealed on Friday that the economy expanded 0.4 per cent in July, ahead of initial forecasts that predicted flat growth.But economists have warned ongoing fiscal pressures triggered by the US-Iran war ahead of the Budget will continue to weigh on the public purse.\n\n“The UK economy was still holding up better than most had expected in July, but this may just be the calm before the next storm,” Julian Jessop, economics fellow at the Institute for Economic Affairs, said. “Unfortunately, any good news from two months ago is now being blown away by the fresh headwinds coming from energy prices and the bond markets. The UK economy is still lurching from crisis to crisis.”\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nA large part of July’s unexpected boost came from a booming period for artificial intelligence and cloud computing firms, which recorded a surge in revenue in the period.\n\n‘Growth is going to be hard to come by’Yael Selfin, chief economist at KPMG, said the boost should lend some support to the public finances ahead of John Healey delivering his first Budget but warned it was unlikely to materially expand his room for manoeuvre.“With borrowing costs elevated and competing spending pressures remaining significant, difficult decisions on tax and spending are likely to remain unavoidable,” Selfin said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}