UK economy defies gloomy warnings to grow 0.7% in first quarter of year

Expansion came despite looming tax rises and tariffs but economists predict growth will weaken in coming monthsThe UK economy grew by 0.7% in the first three months of the year, according to official figures, defying business warnings of a collapse in confidence ahead of Labour’s tax increases and Donald Trump’s sweeping tariffs.The Office for National Statistics said gross domestic product (GDP) rose at the strongest pace in a year over the first quarter, continuing an expansion after growth of 0.1% in the final three months of 2024. City economists had forecast a rise of 0.6%. Continue reading...

Comments

World news

NATO's procurement agency under investigation for alleged corruption linked to military contracts

washington times

How Trump’s birthright citizenship case at the Supreme Court is a two-pronged attack aimed at stripping rights and restricting judges

about 2 hours ago

Who was Mike Lynch and what happened to the Bayesian yacht?

Evening Standard

Comments

Similar News

Post-Covid home working has failed to level up UK economy, study finds

Starmer’s migrant rhetoric: a squalid chapter? – Politics Weekly UK

Donald Trump pressures Britain into cutting Chinese ingredients from UK-made medicines

UK tech tycoon Mike Lynch's yacht was toppled by 'extreme wind', report says

UK urged not to exploit poor countries in rush for critical minerals

‘Aggressive’ hackers of UK retailers are now targeting US stores, says Google

Canadian PM criticises UK invitation to Trump for second state visit

1.5m foreign workers already in UK could face longer wait for permanent settlement

How the UK state pension compares to the rest of Europe

UK ministers to block amendment requiring AI firms to declare use of copyrighted content

I bought an entire village abroad for £67k - why I'll never move back to the UK

Foreign states limited to 15% stake in UK newspapers amid Telegraph uncertainty

Exceptionally low river flows forecast across UK as drought threat grows

'China-based' hack targets UK companies in 'critical national security threat'

Huge blow to UK tourists in Spain as Benidorm bars in ‘English zone’ close

UK equality watchdog to extend gender guidance consultation, say insiders

Rising goods prices could delay UK interest rate cuts, says Bank policymaker

UK couple are hit with 'scam' £9,000 tax bill by Spanish authorities despite never having worked there - as experts warn of widespread false claims targeting Brits

UK’s new visa rules slammed in Spain where thousands of Brits have never learned the language

UK watchdog launches investigation into Aviva’s £3.7bn takeover of Direct Line

World news

NATO's procurement agency under investigation for alleged corruption linked to military contracts

Ukraine's Zelenskyy arrives in Turkey for peace talks, but Russia's Putin is absent

Trump's sanctions on ICC prosecutor have halted tribunal's work

Trump downplays Putin decision to skip Istanbul talks with Zelenskyy

'Drug smuggling' teen Bella Culley revealed as Labour MP's great-granddaughter

'Disgusted' Zelensky can't hide 'inner anger' as Putin fails to show up at peace talks

Accuser details Diddy’s ‘violent sexual assault’ in new civil suit — and paints an unflattering image of his manhood

Gaza war: Israeli strikes kill at least 60, medics say amid ceasefire push

Threat of Russia looms over Poland’s presidential election

Who is heading up Putin’s ‘theatre prop’ peace delegation in the Turkey talks?

Three golden monkeys arrive by special convoy to new home at Belgian zoo

One of Trump’s newly welcomed Afrikaner ‘refugees’ tweeted that Jews are ‘dangerous and untrustworthy’

Trump tells US troops in Qatar that he will ‘have to think’ about running in 2028

Zelensky hits out at Putin after landing in Turkey for Ukraine and Russia peace talks

Pregnant Israeli woman killed on way to give birth in West Bank shooting attack

Extreme wind blamed for sinking of superyacht off Sicily last year, British probe says

Japan starts emergency inspections on nearly 200 military training planes after crash

Pres. Trump visits main U.S. military base in Middle East

Latvia warns that 'lost tourists' in the forest might be Russian spies

An American basketball player arrested in Indonesia for alleged drug smuggling

Several dozen people in Mali hold a rare protest against the army after massacre allegations

Rwanda's army and its rebel group ally have killed dozens and abducted thousands, Congo says

Argentina unleashes huge migration crackdown – and shows UK how it's done

POLL: Should Putin be forced to attend ceasefire talks?

One of Africa’s greenest countries powers ahead with £3.2bn mega-dam

Brit dad killed in 600ft Benidorm holiday fall now suspected as murder

Watch live: Zelensky arrives in Turkey for Ukraine Russia peace talks

Mom bought weapons for son, 14, who had ‘fascination’ with mass shooters, police say

Trump luxury hotel project on hold after official admits to forging documents

Hillary Clinton breaks silence on Trump’s controversial $400m Qatari jet

How Trump’s birthright citizenship case at the Supreme Court is a two-pronged attack aimed at stripping rights and restricting judges

Who was Mike Lynch and what happened to the Bayesian yacht?

Orcas left trapped in abandoned French marine park four months after closure

UK becomes fastest-growing G7 economy after strong first quarter

Have you seen these men? Putin and Trump missing from Ukraine peace talks

'This is about the economy': What motivates Alberta separatists

Swimmer rushed to hospital with horror injuries after shark attack at popular beach

Vladimir Putin 'won't meet Zelensky in Turkey' as 'Ukraine assassination squad' close in

Madeleine McCann suspect Christian Brueckner in court again as cops fight early release

Trump health fears explode after 'confused' US President makes 'major Saudi blunder'

Vladimir Putin’s refusal to go to Turkey ‘proves he never took process seriously’

Meghan and Harry go backstage with James Taylor: ‘In my concert era’

Zelensky tells Putin ‘I am waiting’ ahead of crunch Russia and Ukraine ceasefire talks

Tiny lizard thought to be extinct rediscovered after 34 years

Why Putin’s no-show at peace talks in Turkey is all part of his brutal pantomime

NATO weighs a US demand to massively hike defense spending as some struggle to meet the current goal

Trump boasts about changing engines on new luxury jet after striking Qatar Boeing deal

Climber describes how he narrowly survived 400-foot fall that killed friends

Mapped: State of play in Ukraine as Kyiv and Moscow set to begin first direct talks since 2022

Hackers that hit M&S and other UK shops are now attacking US stores, Google says

Watch live: Trump addresses troops at Qatari air base after skipping Ukraine Russia peace talks

Robert Walls: Aussie Rules legend dies using voluntary assisted dying laws

New US ambassador, former senator and executive David Perdue, arrives in China

Russia and Nato just minutes from international incident over Baltic Sea tanker

Tens of thousands of federal public service jobs should be eliminated, think tank says

Magna Carta 'copy' miscatalogued in 1940s found to be original

More than 50 killed in overnight airstrikes on Gaza, hospital says