UK Economy Grows 0.7% but Faces Ongoing Challenges 🇬🇧

Shadow Chancellor Sir Mel Stride acknowledges the recent growth but warns the UK remains far from out of the woods amid signs of economic slowdown. Read more about the outlook and what it means for the future.

ODN•598 views•1:16

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Shadow Chancellor Sir Mel Stride welcomed the UK’s 0.7% growth but warned it’s "no time to pop champagne corks." He pointed to signs of a slowdown in March and rising pressures on businesses from tax and regulatory changes. Stride said wider forecasts still predict weaker growth ahead, warning the economy faces "stress and strain" despite this short-term boost. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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598

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Duration
1:16

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Published
May 15, 2025

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