UK exports rose by 3.9 per cent in Q2 2015 compared to the previous quarter, and by 8.1 per cent from the previous year, according to the Office for National Statistics.
In addition, GDP increased by 0.7 per cent and business investment increased by 2.9 per cent. These figures mark a significant milestone in an effort to rebalance the UK economy.
Experts anticipate this economic recovery to sustain its current pace for the rest of the year. Liz Martins, an economist at HSBC Bank in London, was upbeat about the findings: “This is a very strong number from exports.”