UK Economy’s Growth Exceeds Earlier Estimates
The Office for National Statistics (ONS) has revised the UK’s first-quarter economic growth to 0.7%, up from the previously estimated 0.6%. In terms of output, the services sector — including businesses such as hairdressers, banks, and hospitality — expanded by 0.8% in the quarter, showing widespread growth. Meanwhile, the production sector increased by 0.6%, whereas […] More