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UK exits recession with 0.6% first-quarter growth

Above expectation GDP figure is a boost for Sunak ahead of election

The UK economy has exited last year’s technical recession with above expectations growth of 0.6 per cent for the first quarter, providing welcome economic news for Rishi Sunak ahead of the election expected later this year.

Friday’s Office for National Statistics figure for quarter-on-quarter growth compared with the 0.4 per cent forecast by both the Bank of England and economists polled by Reuters. 

It also marked a recovery from the technical recession of the second half of 2023, when output fell for two consecutive quarters.

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