Short recession is over, as UK economy grows faster than forecast in January-March quarter ...

The BoE also updated its growth forecasts for the UK yesterday, predicting a rise in GDP of 0.5% over 2024. This is up from 0.25% in its February forecast. "The economy has made a turnaround," Amy ...

The UK is no longer in recession as economy grew by 0.6% between January and March, official figures showed. The growth in gross domestic product (GDP), between January and March, is the fastest in ...

The Bank of England has forecasted that UK GDP will rise by 0.2% in the second quarter of 2024, following 0.4% growth recorded in the first three month of this year.

A forecast and recession beating GDP figure of 0.6% today showed the UK’s strongest expansion in over two years.

Analysts revise GDP forecasts upwards as the UK economy emerges from recession, spurred by strong first-quarter growth. Investment banks and consultancies respond positively to the data, projecting ...

The latest GDP figures also revealed a stronger-than-anticipated 0.4% growth in March, exceeding the 0.1% forecast by economists. Additionally, the ONS revised February’s GDP growth upwards from 0.1% ...

A Reuters poll of economists had pointed to a 0.4 per cent expansion of gross domestic product in the January-to-March period, after GDP shrank ... Bank of England, which held interest rates at a ...

Gold Price Forecast: Will the Rally ... an even stronger expansion, with real GDP rising by 4.9 percent. Several key factors contributed to this growth. Consumer spending, exports, state and ...

"Despite attacks by Russia on Ukraine's energy infrastructure, it is likely that Ukraine will see real economic growth of around 3 percent in 2024," the ministry said.

The UK flooring industry is set to benefit from a cautiously optimistic economic outlook for 2024, with significant op ...