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UK becomes fastest-growing G7 economy
The British economy grew at its fastest rate in a year during the first quarter of 2025, in a welcome boost to the Labour government, which has made lifting the country’s growth its number one priority.
1 of 4 | Britain’s Chancellor of the Exchequer Rachel Reeves, center, speaks with the media at the Rolls-Royce factory in Derby, England following the announcement from the Office for National Statistics that the U.K. economy grew by 0.7% between January and March, Thursday, May 15, 2025. Britain’s Chancellor of the Exchequer Rachel Reeves, center, speaks with the media at the Rolls-Royce factory in Derby, England following the announcement from the Office for National Statistics that the U.K. economy grew by 0.7% between January and March, Thursday, May 15, 2025. ShareLONDON (AP) — The British economy grew at its fastest rate in a year during the first quarter of 2025, official figures showed Thursday, in a welcome boost to the Labour government, which has made lifting the country’s growth its top priority.
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