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UK economy grew at fastest pace in a year in Q1, statistics office says
- Recent Office for National Statistics data show UK GDP rose 0.7% in Q1 2025, the fastest quarterly growth since early 2024.
- Fueled by strong growth across services , production , and construction , UK activity surged as homebuyers and manufacturers acted ahead of policy and tariff changes.
- Data confirm the household saving ratio fell to 10.9% from 12%, with household expenditure revised up to 0.4%, and Liz McKeown noted the economy still grew strongly.
- Despite the Q1 2025 growth, UK employment dropped sharply, retail sales weakened, and GDP fell 0.3% in April, putting Reeves under fiscal policy pressure.
- Experts warn that the UK’s strong first-quarter growth is unlikely to continue into Q2 due to weak underlying fundamentals and payback effects, putting recovery at risk.
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13 Articles
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UK economy grew at fastest pace in a year in Q1 before expected slowdown
Britain's economy grew at its fastest pace in a year in the first three months of 2025 as homebuyers rushed to beat a deadline on property purchases and manufacturers sped up output ahead of U.S. President Donald Trump's higher import tariffs.
·United Kingdom
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UK economy grew at fastest pace in a year in Q1
Britain's economy expanded at its fastest pace in a year in the first three months of 2025 as homebuyers rushed to beat a deadline on property purchases and manufacturers sped up output ahead of US President Donald Trump's higher import tariffs.
·Ireland
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Total News Sources13
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution44% Left, 44% Center
Bias Distribution
- 44% of the sources lean Left, 44% of the sources are Center
44% Center
L 44%
C 44%
11%
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