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UK economy grows in February, shows signs of exiting recession

By Economic Times - 8 months ago
Britain's economy saw a 0.1% monthly growth in February, with January's figures revised up to 0.3%, indicating a potential exit from recession in early 2024. Economists had anticipated a 0.1% expansion. The economy slipped into a mild recession in the latter half of 2023, posing a political challenge for Prime Minister Rishi Sunak ahead of the upcoming election.

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