Article 6NVB1 Next PM likely to inherit improved economy after UK growth revised up

Next PM likely to inherit improved economy after UK growth revised up

by
Jane Croft and Larry Elliott
from Economics | The Guardian on (#6NVB1)

Updated quarterly GDP confirms UK was fastest-growing economy in G7 with consumer confidence returning

The UK economy grew at a faster rate than previously thought in the first quarter of 2024, handing the next prime minister an improved economic backdrop.

Gross domestic product (GDP) rose by 0.7% in the first three months of 2024, revised upwards by the Office for National Statistics from a first estimate of 0.6%.

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