Market Insight: UK economy pulls out of recession at a faster pace than previously thought

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Published Jun 29, 2024

The UK's GDP expanded by 0.7%. in the first quarter of 2024. However, with less than a week to go until elections, real household disposable income – a measure of living standards – was 0.6% lower per head in Q1 as compared to the final quarter of 2019, when Britain last held a general election. Hetal Mehta from St James' Place assesses the strength of the country's economy.

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Market Insight: UK economy pulls out of recession at a faster pace than previously thought | REUTERS

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