Cautious optimism as UK GDP turns positive in January

Three-month figure remains negative at 0.1%

James Baxter-Derrington
clock • 2 min read
The Bank of England is 'likely to sit on its hands' over H1 while it waits for a clearer picture of the nation’s growth and inflation trajectory.
Image:

The Bank of England is 'likely to sit on its hands' over H1 while it waits for a clearer picture of the nation’s growth and inflation trajectory.

Experts have expressed cautious optimism over the UK’s return to growth, with monthly GDP up 0.2% in January, although the three-month figure remains negative at 0.1%.

Figures from the Office for National Statistics (ONS) also revealed the nation remained in the red on a year-on-year basis, down 0.3% on January 2023's print. Fidelity International investment d...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Trump chaos prompts top Canadian and Danish pension funds to cool on US

News Digest: Trump chaos prompts top Canadian and Danish pension funds to cool on US

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 14 April 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Dalriada launches DC tool for AVCs, Clara to switch up to 35% of assets into private markets, and a Hymans Robertson report

Professional Pensions
clock 11 April 2025 • 1 min read
Challenges remain as UK economy beats growth expectations in February

Challenges remain as UK economy beats growth expectations in February

UK economic outlook still 'downbeat'

Sorin Dojan
clock 11 April 2025 • 2 min read
Trustpilot