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International Business Times
International Business Times
World
Roland JACKSON

UK Economy Exits Recession Ahead Of Election

Recession ​​Rishi Sunak Economy United Kingdom Bank of England Jeremy Hunt Rachel Reeves Inflation Britain The Bank of England
The UK economy grew 0.6 percent in the first quarter. (Credit: AFP)

Britain exited a shallow recession with better-than-expected growth in the first quarter, official data showed Friday, in a boost to embattled Prime Minister Rishi Sunak ahead of this year's election.

Gross domestic product expanded 0.6 percent in the first three months of this year, the Office for National Statistics (ONS) said, noting strong growth in service industries and car manufacturing.

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