UK GDP grew 0.1% in February, suggesting economy is escaping recession – business live

UK GDP grew 0.1% in February, suggesting economy is escaping recession – business live
By: The Guardian Posted On: April 12, 2024 View: 10

Rolling coverage of the latest economic and financial news, including February’s UK GDP reportUK takes another step on path to exit recession as GDP risesChancellor of the Exchequer Jeremy Hunt has welcomed the news that the UK economy grew by 0.1% in February, saying:“These figures are a welcome sign that the economy is turning a corner, and we can build on this progress if we stick to our plan.“Last week our cuts to National Insurance for 29 million working people came into effect across Britain, as part of our plan to reward work and grow the economy.” Continue reading...

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