UK economy ekes out modest growth in final quarter of 2024 after strong December
The British economy managed to eke out quarterly growth of 0.1% in the final quarter of 2024 following a stronger than anticipated performance in December.
UK economy sees modest growth of 0.1% in final quarter of 2024
The British economy expanded by a modest 0.1% in the final quarter of last year, official figures from the Office for National Statistics (ONS) showed
UK Economy Shows Surprise Growth of 0.1% in Q4 2024
Across 2024 as a whole, total GDP grew by 0.9%. Last week the Bank of England halved its forecast for growth in 2025 to 0.75%, although other forecasters such as the National Institute of Economic and Social Research remain more upbeat with a 1.5% growth forecast.
Surprise growth in UK economy at end of 2024
The UK economy unexpectedly grew in the final three months of last year following a boost to the construction and services sectors. The economy expanded by 0.1% between October and December, according to official figures, despite analysts predicting it would contract.
UK economy ekes out 0.1% growth in the fourth quarter, beating expectations
The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three months.
Economy shows surprise growth at end of 2024 - but living standards hit
While the headline figure will be greeted with some relief in Downing St, the ONS data shows there is little to celebrate, with a measure for growth by head of population showing a second quarter of contraction.
Britain’s Economy Squeezes Out 0.1% Growth
The unexpected increase eases pressure on the government, which has been trying to spur investment and development.
UK economy shows surprise growth of 0.1% in fourth quarter
Britain's economy unexpectedly grew by 0.1% in the final quarter of last year, official figures showed on Thursday, offering some respite from a downbeat economic picture facing finance minister Rachel Reeves,
UK economy unexpectedly grew by 0.1% in fourth quarter
The UK economy unexpectedly grew by 0.1 per cent in the fourth quarter, in a surprise boost for Labour as it seeks to fulfil its pledges to re-energise the economy. The GDP figure for the final three months of the year from the Office for National Statistics compared with zero growth in the quarter that ended in September.
UK economy unexpectedly grows by 0.1%
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