UK economy sees surprise growth in March
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The British economy grew faster than the U.S. and most European peers in the first quarter, but the Middle East conflict is set to test its resilience.
The UK economy is showing resilience – it’s worth diving into the data in more detail to understand why.
LONDON, May 14 (Reuters) - Britain's economy expanded unexpectedly in March by 0.3%, official data showed on Thursday. Economists polled by Reuters had forecast a 0.2% month-on-month contraction in gross domestic product during March.
The Office for National Statistics has confirmed the UK economy has surged 0.3% in March, as the Chancellor Rachel Reeves urges Labour MPs to avoid putting economic stability at risk
Britain's economy expanded in the first quarter, official data showed Thursday, offering a boost to embattled Prime Minister Keir Starmer as the Mideast crisis and political turmoil cloud the outlook.
High energy prices have wiped £30 billion off the UK economy, leaving us dangerously exposed to global energy shocks and industrial decline. The stark figure comes in EY’s latest UK Economic Outlook,
Westminster renews calls for business leaders to sign up to its yet-to-be-launched Cyber Resilience Pledge, and highlights growth, and challenges, for the UK’s cyber economy.
The UK is poised to shed 163,000 jobs this year as the Iran war drives up energy costs and weakens the economy.