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UK exits recession
short by Shalini ojha / on Friday, 10 May, 2024
The United Kingdom exited recession with stronger-than-expected growth in first quarter of 2024, official data showed on Friday. The Office for National Statistics said GDP expanded by 0.6% in the three months to March, the strongest expansion since the fourth quarter of 2021 when it grew by 1.5%. This development gives a boost to PM Rishi Sunak before the elections.
read more at Reuters