Home Business news Hopes of economic recovery boosted as UK GDP rises by 0.2% in...

Hopes of economic recovery boosted as UK GDP rises by 0.2% in January

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Small monthly increase for January offers relief for government but country remains in technical recession

The chances of the UK quickly emerging from recession have been boosted after the release of official figures showing the economy grew by 0.2% in January.

The Office for National Statistics said national output – as measured by gross domestic product (GDP) – had increased for only the second time in the past seven months.

Continue reading…Small monthly increase for January offers relief for government but country remains in technical recessionThe chances of the UK quickly emerging from recession have been boosted after the release of official figures showing the economy grew by 0.2% in January.The Office for National Statistics said national output – as measured by gross domestic product (GDP) – had increased for only the second time in the past seven months. Continue reading…