[🇬🇧] UK exits recession with fastest growth in nearly three years

[Old School]

Source: https://www.reuters.com/world/uk/uk-economy-grows-by-06-first-quarter-ons-data-shows-2024-05-10/

• UK GDP +0.6% in Q1 vs Reuters poll +0.4%
• GDP in March +0.4% vs poll +0.1%
• Sunak says economy has turned a corner
• GDP per person grows for first time since early 2022

Britain's economy grew by the most in nearly three years in the first quarter of 2024, ending the shallow recession it entered in the second half of last year and delivering a boost to Prime Minister Rishi Sunak ahead of an election.
Gross domestic product expanded by 0.6% in the three months to March, the Office for National Statistics said, the strongest growth since the fourth quarter of 2021 when it rose by 1.5%.