UK economy grew more than expected in 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.
The UK has been hit with the blanket 10% tariff on nearly all of its goods being brought into the US, which is expected to hit British exporters and also impact economic growth.
Source: BBC | Language: English