UK Economy Surges Ahead of Expectations

The UK's economic performance outpaced predictions with a 0.5% growth for the three months ending in February, as indicated by official data released on Thursday.

Economists surveyed by Reuters had anticipated a modest 0.2% rise in GDP during the December-February period compared to the previous quarter. However, the actual figures surpassed these expectations.

Specifically in February, the economy recorded a 0.5% increase, contrary to the 0.1% growth forecast, according to the Office for National Statistics.

(With inputs from agencies.)