UK economy surged by 0.5% in February before Iran war chaos

Government

The UK economy grew by a shock 0.5% in February - but before the full impact of the Middle East war. It marked a sharp increase following a growth of just 0.1% in January and the same in December, the Office for National Statistics said. However, there are fears that the recovery - welcome news for Chancellor Rachel Reeves and Labour - will be undone by the Iran war, which erupted right at the end of February. Rob Wood, chief UK economist at Pantheon Macroeconomics, said: “Well, that was a

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