UK economy showed surprise 0.5% growth before Iran war

UK economy showed surprise 0.5% growth before Iran war

ONS figure for February suggests Britain was gaining momentum before conflict dashed hopes of recovery Business live – latest updates UK GDP expanded by a stronger than expected 0.5% in February, official figures show, suggesting the economy was gaining momentum before the onset of war in the Middle East dashed hopes of recovery. The jump, reported by the Office for National Statistics (ONS), was significantly bigger than the 0.1% forecast by economists. January’s flatlining figure was also revised up, to 0.1% growth. Continue reading...