UK economy grows by 0.1% in unexpected boost for Rachel Reeves

UK economy grows by 0.1% in unexpected boost for Rachel Reeves
Share:
UK economy grows by 0.1% in unexpected boost for Rachel Reeves
Author: Richard Partington Economics correspondent
Published: Feb, 13 2025 07:01

Summary at a Glance

Figures from the Office for National Statistics show gross domestic product rose by 0.1% in the fourth quarter of 2024, beating the forecasts of City economists and the Bank of England for a decline of 0.1%.

ONS data showing British national output rose in final quarter of 2024 confounds forecasts of 0.1% decline.

Britain’s economy unexpectedly grew in the final three months of last year, official figures show, easing pressure on the chancellor, Rachel Reeves.

Business live – latest updates.

Share:

More for You

Top Followed