UK economic system grew by 0.5% February

The UK economic system grew by greater than anticipated in February, based on the newest official figures.

The economic system expanded by 0.5%, with the providers sector having a powerful month, the Workplace for Nationwide Statistics (ONS) stated.

Economists had predicted progress of simply 0.1%, however the ONS stated a number of elements contributed to the shock rise which was pushed by a lift in manufacturing and manufacturing.

The higher-than-expected figures comes because the UK economic system braces itself for the influence of tariffs imposed on items being imported to the US.