UK economy grew faster than expected ahead of Iran war

"The UK economy saw its biggest monthly rise in February in more than two years, with a growth of 0.5%, surpassing economists' expectations of 0.1%."

"The International Monetary Fund cut its estimate for UK growth this year, warning it was set to be the hardest hit of the world's advanced economies."

"The National Institute of Economic and Social Research called the latest expansion in the economy 'sizeable' but expected slower growth in March due to energy price shocks."

"Ruth Gregory, deputy chief UK economist at Capital Economics, stated that the 'bumper' growth in February was 'probably already extinguished' by the Iran war."

The UK economy experienced a 0.5% growth in February, the largest monthly increase in over two years. The Office for National Statistics revised January's growth to 0.1%. The growth occurred before the US-Israeli war with Iran, which has raised concerns about a global recession. The International Monetary Fund has downgraded its UK growth forecast, predicting it will be the hardest hit among advanced economies. Key sectors, including services and production, contributed to this growth, but experts warn of potential slowdowns ahead due to energy price shocks.

Read at www.bbc.com