{"id":401303,"date":"2011-04-27T08:52:07","date_gmt":"2011-04-27T08:52:07","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/27\/uk-economy-sees-return-to-growth\/"},"modified":"2011-04-27T08:52:07","modified_gmt":"2011-04-27T08:52:07","slug":"uk-economy-sees-return-to-growth","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/","title":{"rendered":"UK economy sees return to growth"},"content":{"rendered":"<p><div readability=\"54.6373056995\"><span><span>27 April 2011<\/span> <span>Last updated at<\/span> <span>04:52 ET<\/span><\/span><\/p>\n<p>The UK economy grew by 0.5% in the first three months of the year.<\/p>\n<p>The Office for National Statistics&#8217; (ONS) first estimate of economic activity shows a recovery from the 0.5% contraction recorded for the last three months of 2010.<\/p>\n<p>The news alleviates fears of a so-called double dip recession.<\/p>\n<p>However, the Chancellor, George Osborne, who saw the figures on Tuesday, has already warned &#8220;we are not out of the woods yet&#8221;.<\/p>\n<p>Although activity in both the manufacturing and service sectors increased during the first three months of the year, construction &#8211; one of the worst hit areas in the last quarter of 2010 &#8211; was down by 4.7%.<\/p>\n<p>Economists had previously warned that growth of less than 1% in the first quarter would be disappointing and raise concerns over the economy&#8217;s ability to withstand the coalition government&#8217;s austerity measures.<\/p>\n<p>However, the low rate of growth is likely to ease the chance of an interest rate rise to combat inflation.<\/p>\n<\/div>\n<p>Original post:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-13206430\" title=\"UK economy sees return to growth\" rel=\"noopener noreferrer\">UK economy sees return to growth<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 27 April 2011 Last updated at 04:52 ET The UK economy grew by 0.5% in the first three months of the year. The Office for National Statistics&#8217; (ONS) first estimate of economic activity shows a recovery from the 0.5% contraction recorded for the last three months of 2010. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401303","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK economy sees return to growth - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"UK economy sees return to growth - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"27 April 2011 Last updated at 04:52 ET The UK economy grew by 0.5% in the first three months of the year. The Office for National Statistics&#039; (ONS) first estimate of economic activity shows a recovery from the 0.5% contraction recorded for the last three months of 2010.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"UK economy sees return to growth\",\"datePublished\":\"2011-04-27T08:52:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/\"},\"wordCount\":175,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/\",\"name\":\"UK economy sees return to growth - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-04-27T08:52:07+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UK economy sees return to growth - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/04\/27\/uk-economy-sees-return-to-growth\/","twitter_card":"summary_large_image","twitter_title":"UK economy sees return to growth - Ghanamma.com","twitter_description":"27 April 2011 Last updated at 04:52 ET The UK economy grew by 0.5% in the first three months of the year. 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