UK ECONOMY EKES OUT 0.1% GROWTH IN Q4, BEATING EXPECTATIONS

UK ECONOMY EKES OUT 0.1% GROWTH IN Q4, BEATING EXPECTATIONS
UK ECONOMY EKES OUT 0.1% GROWTH IN Q4, BEATING EXPECTATIONS

UK ECONOMY EKES OUT 0.1% GROWTH IN Q4, BEATING EXPECTATIONS

UK economy grew by 0.1% in the fourth quarter, surpassing expectations.

Economists had predicted a 0.1% contraction in GDP for Q4.

Third quarter growth was flat, with a contraction in October and expansion in November.

Bank of England cut interest rates to 4.5% last week due to sluggish growth and declining inflation.