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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: ‘Inflation at a turning point’, BoE economist says; FTSE closes up 0.3% despite March GDP fall

UK GDP fell by 0.3% in March, but that wasn’t enough to prevent the economy from growing over the quarter, the Office for National Statistics revealed today.

Growth was 0.1%, which is enough to push any risk of recession further into the future, but the continued stagnation of the economy will remain a disappointment.

Elsewhere, ecommerce business THG says it has ended takeover talks with private equity group Apollo, while Jaguar Land Rover and Beazley are among the companies posting updates.

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