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The Guardian // Business // Economics

UK economy far exceeds forecasts to grow 0.5% in boost to Rachel Reeves

Friday 11th April 2025, 11:22AM

February GDP rise was bigger than forecast – but impact from Donald Trump’s tariff war is yet to comeAnalysis: GDP jump offers Reeves some light as UK enters tariff tunnelBusiness live – latest updatesThe UK economy grew by a faster-than-expected 0.5% in February, official figures showed, in a boost for the chancellor Rachel Reeves before an expected downturn sparked by Donald Trump’s tariff war.The increase in gross domestic product in February was larger than the 0.1% that a poll of City economists had forecast, while January’s figure of a modest fall of 0.1% was revised up to zero growth. Continue reading...

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