The Office for National Statistics (ONS) has confirmed the economy grew by 0.7 per cent in the first three months of the year. The figures, released this morning, are the ONS’s second attempt at estimating growth in the first quarter and, unusually, the GDP growth number was unrevised from the initial estimate.

The strong growth – the fastest pace in a year – between January and March could be the last bit of economic good news Chancellor Rachel Reeves........

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