UK economy experiences strong rebound in first quarter of the year, officially exiting ‘technical recession’ phase

British Economy Bounces Back from Recession, but Sluggish Growth Continues to Plague the Country

The British economy has shown a strong bounce back in the first three months of the year, ending a “technical recession” that had been affecting the country. Official figures released on Friday showed that the economy expanded by 0.6% in the first quarter, exceeding economists’ forecasts of 0.4%. The growth was widespread across various sectors…

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