Section

UK exits 'recession' with better-than-expected 0.6% GDP growth

By Economic Times - 2 weeks ago
Britain's economy grew by 0.6% in Q1 2024, surpassing expectations and ending the previous recession. The Office for National Statistics reported stronger growth than anticipated, contrasting with forecasts. Prime Minister Rishi Sunak may find relief, but opposition claims disconnect. Bank of England predicts continued growth, with March showing 0.4% expansion.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.