UK economy to ‘reverse gains’ as construction drags growthBritain’s high streets boosted the UK economy in the second quarter of the year. UK economy could still beat expectationsNew data on Thursday could point to some relatively positive news on the UK economy compared to previous forecasts. In the first three months of the year, the UK economy grew by 0.6 per cent, beating analysts’ expectations. The bank said it expected a contraction of 0.5 per cent between April and June compared to 0.7 per cent growth in the first three months of the year. He added that government spending also likely lifted the UK economy over the three-month period.