Economic growth in Germany, once the EU's powerhouse economy, was just one-third that of Britain in the first three months of this year, the Eurostat figures show.

UK gross domestic product (GDP) is estimated to have increased by 0.6% in Quarter 1 (Jan to Mar) 2024, following declines of 0.3% in Quarter 4 (Oct to Dec) and 0.1% in Quarter 3 (July to Sept) 2023.

The eurozone economy is growing half as fast as the UK as Britain bounced back stronger from recession. GDP across the eurozone grew by 0.3pc in the first quarter of the year, according to figures ...

European stock markets saw an uptick on Friday, buoyed by stronger-than-expected UK growth figures and growing optimism that the U.S. Federal Reserve may implement rate cuts. Germany’s DAX index rose ...

The latest UK growth figures are important not because they show a boom, they do not. If sustained they show an economy returning to a normal rate of growth. The UK is now growing joint fastest in the ...

THE UK economy is “going gangbusters” after coming out of recession with the fastest growth in two years, experts said last night. Rishi Sunak claimed vindication after GDP grew 0.6 per cent in ...

Britain's economy outpaced France, Germany and the United States in the first three months of the year, Office for National Statistics (ONS) figures show.

The Bank expects growth to be sluggish, with expansion of 0.2pc this year, 0.9pc next and 1.2pc in 2026. If the economy smashes those forecasts, as annual growth of 2.5pc would, then the Bank may be ...

That means that the recession that lasted through the second quarter of last year is now over after growth of 0.3% in January and 0.1% in February. Recession is defined by economists as two ...

Germany’s economy will gain some momentum in coming months, supported by strengthening household consumption, although it will still barely muster growth this year, according to Chancellor Olaf Scholz ...

In an exclusive interview, the Chancellor reassures people 'you'll notice the difference' and says recovery is the result of 'sticking to the plan'.