UK Economy Shows Signs of Recovery with 0.2% Growth in January

Optimism grows as Britain potentially exits recession, driven by construction and retail rebound.

Britain's economy grew by 0.2% in January, signaling a potential exit from the recession that began in the second half of last year.
The growth was driven by increased activity in the construction sector and a rebound in retail sales.
Economists are optimistic that the UK's recession will be short-lived, with expectations of continued growth.
The Bank of England is expected to cut interest rates later this year, following a period of rate increases to combat inflation.
Despite the positive growth, concerns remain about the UK's long-term economic stagnation and the need for sustained productivity improvements.