UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves
February GDP rise bigger than forecast but impact from Donald Trump’s tariff war yet to come
The UK economy unexpectedly expanded by 0.5% in February, according to official figures, in a boost for Rachel Reeves before an expected downturn triggered by Donald Trump’s tariff war.
Reversing a modest fall in January, the increase in gross domestic product in February could mark the last period of expansion before the threat of a global trade war dampens business investment and consumer spending. Continue reading...
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