Official data shows that Britain's economy grew by 0.1% in February, following a 0.3% rise in January. This growth further fuels hopes of recovery after the country slid into a shallow recession in the second half of last year.
Britain's economy expanded by 0.1 percent in February, further fuelling recovery hopes after sliding into a shallow recession in the second half of last year, official data showed Friday.Britain’s economy expanded by 0.1 percent in February, further fuelling recovery hopes after sliding into a shallow recession in the second half of last year, official data showed Friday.
“Services also grew a little with public transport and haulage, and telecommunications having strong months,” she added. Capital Economics economist Paul Dales said GDP would need to slump by an “unlikely” 1.0 percent in March in order to spark a first-quarter contraction that would prolong the recession.
His governing Conservatives are trailing far behind Keir Starmer’s main opposition Labour Party in opinion polls. Britain's economy expanded by 0.1 percent in February, further fuelling recovery hopes after sliding into a shallow recession in the second half of last year, official data showed Friday.
UK Economy Growth Recession Recovery Manufacturing Car Sector
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