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 GDP numbers released by the Office for National Statistics on Friday marked the UK’s formal recovery from the shallow recession of the second half of 2023, when output slightly fell for two ...

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

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 ...

It feels like the economy decisively turned a corner this week, with GDP expanding and interest rate cuts on the horizon.

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 ...

Radoslaw Sikorski said that the UK did not have to reach a consensus in a 27-member bloc on issues such as what sanctions to issue against the Kremlin and what aid to give Ukraine.

The latest ONS figures show the economy is rebounding after the UK slipped into recession at the end of last year.

The Office for National Statistics (ONS) said gross domestic product (GDP) expanded by 0.6 per cent in the three months to March, the strongest growth since the fourth quarter of 2021 when it rose by ...

The UK economy powered out of its technical recession in the first quarter, judging by the initial GDP figures released today. The economy expanded by a whapping 0.6% quarter-on-quarter.

Britain has been declared a "stagnation nation" by a leading think tank, despite the economy recovering from its latest recession. The Resolution Foundation noted the UK has experienced the best gross ...

Sharjah will see a steady GDP growth over the next three years, driven by strong private sector activity, according to S&P Global Ratings. Manufacturing, construction, transport, and trade sectors ...