UK economy grows by 0.2% in April

The United Kingdom’s gross domestic product returned to growth in April by 0.2 percent, driven by the rebound in consumer spending and fewer strikes, according to the latest data from the Office for National Statistics (ONS) on Wednesday.

The figures can raise hopes that the economy will escape a recession this year, according to Ruth Gregory, economist at the consultancy Capital Economics.

The International Monetary Fund (IMF) earlier predicted the UK economy will shrink this year, and it is not surprising the outlook for both EU and the UK is bleak given the rising global uncertainties.