U.K. Economy Exits Recession, Signals Fragile Recovery

Britain's GDP growth in early 2024 marks the best performance since the pandemic, yet underlying economic challenges persist.

Britain's GDP rose 0.6% in Q1 2024, surpassing expectations and marking the strongest growth since 2021.
Despite the uptick, overall economic output remains just 1.7% above pre-pandemic levels, highlighting a slow recovery.
Sectoral performance varies, with services showing resilience while manufacturing and construction lag.
Political pressures mount as economic growth becomes a focal point ahead of upcoming national elections.
Economists caution that sustained recovery may still be at risk from inflationary pressures and global instability.