UK takes another step on path out of recession as GDP rises
by Richard Partington Economics correspondent from on (#6M147)
February growth of 0.1% comes despite construction and retail being hit by wet start to year
Britain's economy has taken a step closer to exiting recession as official figures showed growth continued in February despite a washout month for construction and retail after one of the wettest starts to a year on record.
The Office for National Statistics (ONS) said gross domestic product (GDP) rose by 0.1% in February, matching City economists' forecasts and extending a recovery after growth in January was revised up from 0.2% to 0.3%.
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