This morning, the United Kingdom Office for National Statistics (ONS) released better-than-expected GDP figures for the UK’s first quarterly estimate from January to March 2024. The results showed ...

On a quarterly basis, this gives growth of 0.6% in Quarter 1 (Jan to Mar) 2024, following declines of 0.3% in Quarter 4 (Oct to Dec) 2023 and 0.1% Quarter 3 (July to Sept) 2023. For further details, ...

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

Real gross domestic product (GDP) is estimated to have grown by 0.6% in the three months to March 2024, according to official data.

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 UK has escaped recession after the economy grew at the start of the year, according to official figures. The economy grew by a better-than-expected 0.6% between January and March, the Office for ...

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% ...

that will weigh on economic growth for some time.” GDP shrank by 0.3% in the fourth quarter of 2023 after contracting 0.1% in the prior three months, the ONS confirmed Friday in unrevised data. The ...

Britain's economy grew by the most in nearly three years in the first quarter of 2024, ending the shallow recession it entered in the second half of last year and delivering a boost to Prime Minister ...

The UK has powered its way out of last year's recession after the economy notched a third consecutive month of growth in March.

THE UK is officially out of recession as figures reveal the economy grew 0.6% for the first three months of the year. It was the strongest rate of quarterly growth for Gross Domestic ...