The British economy recovered more than initially estimated in the first quarter, the latest data from the Office for National Statistics showed on Friday.
Gross domestic product grew 0.7 percent from the fourth quarter, when the economy shrank 0.3 percent. In the initial estimate, the rate of expansion was 0.6 percent.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.