Overview

• 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.