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UK furthers recession rebound with 0.1% GDP growth in February

Reuters,Banking And Finance,Markets,London

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Plane contrails streak across the sky over Regent Street on February 15, 2024 in London, England. LONDON โ€” U.K. gross domestic product grew 0.1% in February, the Office for National Statistics said on Friday. That was in line with a projection in a Reuters poll. The economy contracted in the third and fourth corners of 2023, putting the U.K. in a technical recession. January recorded light growth, which was revised upward to 0.3% on Friday. Construction output, which boosted growth at the start of the year, fell 1.9% in February....

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