15-05-2025 08:52 via vanguardngr.com

UK economy grows 0.7% in first quarter

Britain’s economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump’s tariffs blitz took effect.Gross domestic product rose 0.7 percent in the January-to-March period after only growing slightly in the final quarter of last year, the Office for National Statistics said in a statement.The data comes as a boost for the Labour government, which struggled to kickstart stagnant growth s
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