Macroeconomics

UK Economy Grew by Stronger-Than-Expected 0.7% in Q1

June 28, 2024, 01.57 PM | Source: Reuters
UK Economy Grew by Stronger-Than-Expected 0.7% in Q1

ILUSTRASI. People walk outside the Houses of Parliament at sunset following a thunderstorm in London, Britain. Britain's economy grew more quickly than previously thought in the first three months of this year.

ECONOMIC GROWTH - LONDON. Britain's economy grew more quickly than previously thought in the first three months of this year, expanding by 0.7% from the previous quarter, above an initial estimate of 0.6% growth, official figures showed on Friday.

The figures come less than a week before Britons vote in an election which opinion polls suggest will see Labour Party leader Keir Starmer replace Conservative Prime Minister Rishi Sunak.

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