Challenges remain as UK economy beats growth expectations in February

UK economic outlook still 'downbeat'

Sorin Dojan
clock • 2 min read
The 0.5% February growth took analysts by surprise, with economists polled by Reuters forecasting 0.1% growth for the month. Credit: iStock
Image:

The 0.5% February growth took analysts by surprise, with economists polled by Reuters forecasting 0.1% growth for the month. Credit: iStock

UK real GDP rose by 0.5% from the previous month in February, with growth benefitting all main sectors, according to the Office for National Statistics (ONS) today (11 April).

This took analysts by surprise, as economists polled by Reuters had forecast just 0.1% growth for the month. UK real GDP is forecast to have grown by 0.6% in the three months to February compare...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Minister declares Civil Service Pension Scheme delays 'sorted'

News Digest: Minister declares Civil Service Pension Scheme delays 'sorted'

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 April 2025 • 1 min read
'Concerning' knowledge gap among UK adults about pensions

'Concerning' knowledge gap among UK adults about pensions

Aviva survey found less than half of respondents were able to correctly identify what a workplace pension is

Martin Richmond
clock 22 April 2025 • 1 min read
Buzz: Will a Mansion House Compact II be a positive step forward for DC schemes?

Buzz: Will a Mansion House Compact II be a positive step forward for DC schemes?

Mansion House Compact II, dashboards ecosystem connection, and MAIA framework

Professional Pensions
clock 22 April 2025 • 1 min read
Trustpilot