Hopes of UK exit from recession boosted as GDP rises in January

Hopes of UK exit from recession boosted as GDP rises in January

Monthly increase of 0.2% offers relief for government after economy shrank in second half of last year

The chances of the UK quickly emerging from recession have been boosted by the release of figures showing the economy grew by 0.2% in January.

The Office for National Statistics said national output – as measured by gross domestic product (GDP) – had been supported by expansion in the service and construction sectors and had increased for only the second time in the past seven months.

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