UK Economy Expands For Second Month
The UK economy expanded for the second straight month in February suggesting that it is set to move out of a technical recession, thanks to the rebound in manufacturing output.Real gross domestic product edged up 0.1 percent on a monthly basis in February, the Office for National Statistics said Friday. The growth for January was revised higher to 0.3 percent from 0.2 percent. Industrial production was the largest contributor to the growth in February, which climbed 1.1 percent, reversing a revised 0.3 percent fall. Within overall output, manufacturing rebounded 1.2...