UK economy grows as GDP rises 0.5% – what it means for YOUR money

THE UK economy grew by 0.5% in the second month of this year and more than expected.

The Office for National Statistics (ONS) said Gross Domestic Product (GDP) went up by half a percentage point in February.

AlamyThe Office for National Statistics has released its latest monthly GDP data[/caption]

It comes after the economy showed no growth in January, revised figures published today reveal.

Economists had been forecasting growth in February to be at 0.1%.

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