fromLondon Business News | Londonlovesbusiness.com
2 weeks agoUK GDP grows and continues riding out the storm - London Business News | Londonlovesbusiness.com
With the winds of tariff turmoil whipping up economic seas, today's better than expected GDP figures for the UK show an economy that has so far been able to navigate itself to calmer waters. Output grew during the month across two of the three major sectors, with the economic engine, the services sector growing by 0.4%. Construction saw solid progress whilst production slipped due to falls in the manufacturing sector. UK GDP grew at a faster rate of knots during the first quarter and its fastest rate in three quarters.