UK economy posts 0.1% growth in February in further sign of recession rebound
Publishing timestamp: 2024-04-12 08:59:35
Summary
U.K. GDP rose 0.1% in February, indicating a return to sluggish economic growth. While this suggests the end of the recession, there are concerns about inflation and interest rates, with the Bank of England expected to start rate cuts in June. The growth is below pre-pandemic levels but on par with Europe.
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Source: https://www.cnbc.com/2024/04/12/uk-economic-growth-february-2024.html