UK economy returns to growth in May
The UK economy experienced a modest growth of 0.1% in May, supported by the service sector despite declines in production and construction. This follows a slight contraction in April attributed to geopolitical tensions.
Why it matters
Economic growth data is a primary indicator for central bank policy and investor confidence in the UK market.
Image source, Getty Images By Nick Edser Business reporter Published 13 minutes ago The UK's economy grew by 0.1% in May, the latest official data has shown.
The report relies on official ONS data and presents the figures neutrally without editorializing.
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