UK economic growth May 2024

City of London skyline on June 10, 2024 in London, United Kingdom. The City of London is a city, ceremonial district and local government district that contains the main central business district CBD of London. The City of London is colloquially known as the Square Mile.

Mike Kemp | In picture | Getty Images

LONDON — Britain’s economy grew by 0.4 percent in May, flash figures released by the Office for National Statistics showed on Thursday. The announcement sent the British pound to its highest level in four months against the U.S. dollar.

Gross domestic product exceeded the 0.2% monthly growth forecast by Reuters in a poll of economists.

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