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UK Economic Growth in May 2024


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London skyline on June 10, 2024 in London, United Kingdom. The City of London is a city, ceremonial borough and local government area containing the core central business district of London. The City of London is widely referred to as the City, and is also known as the Square Mile.

Mike Kemp | In Pictures | Getty Images

LONDON – The UK economy grew by 0.4% in May, preliminary figures released by the Office for National Statistics showed on Thursday, with the pound rising to a four-month high against the US dollar after the announcement.

GDP came in above expectations for a 0.2% monthly expansion in a Reuters poll of economists.

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