UK economy has a growth spurt before tax and tariff challenges


Between January and March, gross domestic product grew by 0.7%, accelerating sharply from an increase of 0.1% in the last three months of 2024. — Reuters

LONDON: Britain’s economy grew more strongly than expected in the first three months of 2025, giving a boost to finance minister Rachel Reeves, but she faces a stiffer test ahead due to her tax hike on businesses and US trade wars.

Between January and March, gross domestic product grew by 0.7%, accelerating sharply from an increase of 0.1% in the last three months of 2024, said the Office for National Statistics.

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