UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves
February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to comeBusiness live – latest updatesThe UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.The increase in gross domestic product in February was five times larger than the 0.1% that a poll of City economists had forecast, while January’s figure of a modest fall of 0.1% was revised up to 0.0% growth. Continue reading...
February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to come
The UK economy unexpectedly expanded by 0.5% in February, figures show, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.
The increase in gross domestic product in February was five times larger than the 0.1% that a poll of City economists had forecast, while January’s figure of a modest fall of 0.1% was revised up to 0.0% growth. Continue reading...
