UK Economy Shows Signs of Recovery as Services Sector Grows on Nostr: UK Economy Exits Recession with Strong Growth Ahead of Election =============== ...
UK Economy Exits Recession with Strong Growth Ahead of Election
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#d3f8ffd3 ver:0.33
The UK economy exits recession with strong growth of 0.6% in Q1 2024, exceeding expectations. Services and car manufacturing drove the growth, but construction fell. The positive growth is a boost for Prime Minister Rishi Sunak ahead of the election, but critics highlight ongoing challenges. The UK economy is still 8.7% smaller than pre-pandemic levels. The Bank of England hints at a rate cut over the summer as inflation cools. Global economic concerns persist. Monitoring ongoing challenges is crucial for a sustainable recovery. #UKeconomy #economicgrowth #recessionexit #inflation #sustainablerecovery...
#newstr #UkEconomy #Recession #Election #Gdp #RishiSunak #ServiceIndustries #CarManufacturing #JeremyHunt #BankOfEngland #InterestRates #Inflation
https://here.news/story/d3f8ffd3?ver=0.33
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#d3f8ffd3 ver:0.33
The UK economy exits recession with strong growth of 0.6% in Q1 2024, exceeding expectations. Services and car manufacturing drove the growth, but construction fell. The positive growth is a boost for Prime Minister Rishi Sunak ahead of the election, but critics highlight ongoing challenges. The UK economy is still 8.7% smaller than pre-pandemic levels. The Bank of England hints at a rate cut over the summer as inflation cools. Global economic concerns persist. Monitoring ongoing challenges is crucial for a sustainable recovery. #UKeconomy #economicgrowth #recessionexit #inflation #sustainablerecovery...
#newstr #UkEconomy #Recession #Election #Gdp #RishiSunak #ServiceIndustries #CarManufacturing #JeremyHunt #BankOfEngland #InterestRates #Inflation
https://here.news/story/d3f8ffd3?ver=0.33