UK economy rebounds with 0.3% growth in January - ahead of next week’s Budget

The Office for National Statistics said the economy grew by 0.3% in January, following a sharp 0.5% decline in gross domestic product in December.

The biggest driving forces behind the growth came from sectors including education, transport, health, and arts and entertainment.December's GDP figures were affected by several days of rail and postal strikes and also declining output in the entertainment sector, as the football Premier League took a break for the World Cup.

January's figure beat expectations with analysts predicting that the economy would eke out 0.1% growth in the month.

IMF talking rubbish again then?

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Economy sees rebound in January helping ease renewed recession fearsBREAKING: ONS says the UK economy grew 0.3% in January Sky Business Correspondent pkelso breaks down the latest figures from the Office for National Statistics 📺 Sky 501, Virgin 602, Freeview 233 and YouTube pkelso Oh wow let’s pop open the champagne pkelso fbpe will have to wait a bit longer with their blue/yellow socks to get their jollies off.. pkelso FBPE 👇🏼
Source: SkyNews - 🏆 35. / 67 Read more »