Why should Brits not yet celebrate growth in the UK economy?
The UK economy surged by 0.7 per cent in the first three months of the year, according to official data, suggesting firms boosted production ahead of Rachel Reeves’s tax rises in April and the threat of President Donald Trump’s tariffs. Fresh data provided by the Office for National Statistics showed that the UK economy grew 0.2 per cent in March, compared to a 0.5 per cent spike in GDP the month before, which drove the large quarterly rise. A Bloomberg poll of economists said that GDP would remain unchanged in March, but the ONS revealed that the UK economy inched up slightly. Produced by: Mauricio Alencar, Emmanuel Nwosu, Scarlett Wild Click the link in our bio to get more of the story 🔗 #news #politics #politicalnews #economics #economy #business #businessnews #finance #financialnews #personalfinance #growth #uk #uknews #ukeconomy #ukpolitics #rachelreeves #donaldtrump #trump #keirstarmer #starmer #labour #labourparty #bankofengland