UK Economy Grows 0.5% in February Despite IMF Growth Downgrade

Military operations in Iran render February data stale

The U.K. Economy expanded by 0.5% in February, according to preliminary data from the Office for National Statistics released Thursday. This growth significantly outperformed Reuters economist polls, which had projected a modest 0.1% monthly increase. Construction led the rebound with a 1% increase, while both production and services sectors grew by 0.5%. This follows a … Read more