UK GDP fell by 0.3% in March, but that wasn’t enough to prevent the economy from growing over the quarter, the Office for National Statistics revealed today.
Growth was 0.1%, which is enough to push any risk of recession further into the future, but the continued stagnation of the economy will remain a disappointment.
Elsewhere, ecommerce business THG says it has ended takeover talks with private equity group Apollo, while Jaguar Land Rover and Beazley are among the companies posting updates.