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Savings Specialist, Kevin Brown comments on this mornings UK GDP figure

"Today’s GDP figures suggest the UK economy may be finding its feet again after a difficult period. Growth, however modest, is a welcome sign that confidence could be slowly returning across sectors. Businesses are investing, and employment remains resilient, which should help sustain momentum into the next quarter.

 

"For many UK households though, the recovery still feels fragile. Rising living costs and higher borrowing rates continue to squeeze disposable incomes. Families need to see growth translate into lower inflation and greater financial stability before they can feel the benefits in their day-to-day lives.”