UK economy grows 0.1pc in first quarter of 2023 despite March drop

The Bank of England forecasts Britain will grow by 0.25pc in 2023, having previously predicted a contraction of 0.5pc. (Pic: John Walton/PA Wire)

William James, David Milliken and Farouq Suleiman

British gross domestic product grew by 0.1pc in the first three months of 2023, despite an unexpectedly sharp 0.3pc drop in output in March, figures from the UK’s Office for National Statistics showed on Friday.