Latest updates: international trade minister says she wants to revise childcare system as Tory MPs prepare to vote in first round of ballot
The economy defied expectations and grew by 0.5% growth in May, my colleague Julia Kollewe writes on the business live blog.
Welcoming the figures, Nadhim Zahawi, the new chancellor and Tory leadership candidate, said:
It’s always great to see the economy growing but I’m not complacent.
I know people are concerned, so we are continuing to support families and economic growth.
