The Office for National Statistics (ONS) said that UK gross domestic product (GDP) rose by 0.8 percent in the first calendar quarter of this year.
That compares to a rise of 0.7 percent in the fourth quarter of 2013 and year on year equates to a rise of 3.1 percent.
The ONS counts four main segments and there were rises in services (0.9%), production (0.8%) and construction (0.3%). However there was a fall of 0.7 percent in the agricultural sector.
The UK GDP is now 0.6 percent lower than its 2008 peak – that’s before all hell broke loose with the credit crunch.
Chancellor of the Exchequer George Osborne said there are now foundations for a broad based recovery. He attributes the recovery to the UK coalition’s economic strategy.
