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UK economy grew by 0.5% February

The UK economy grew by more than expected in February, according to the latest official figures.

The economy expanded by 0.5%, with the services sector having a strong month, the Office for National Statistics (ONS) said.

Economists had predicted growth of just 0.1%, but the ONS said several factors contributed to the surprise rise which was driven by a boost in manufacturing and production.

The better-than-expected figures comes as the UK economy braces itself for the impact of tariffs imposed on goods being imported to the US.



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exeter.one newsbite last confirmed 1 week ago by Charlotte Edwards


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