The UK economy grew 0.5 per cent in February, beating analysts’ expectations and providing some positive news for chancellor Rachel Reeves as she contends with the impact of US President Donald Trump’s tariffs.
Friday’s monthly GDP figure from the Office for National Statistics was above both the 0.1 per cent increase forecast by economists polled by Reuters and January’s figure of zero growth, revised up from a previous estimate of a 0.1 per cent contraction.
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