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UK economy grew 0.7% in Q1 2025, beating forecasts, but faces challenges like costs and tariffs.
The UK economy grew by 0.7% in the first quarter of 2025, surpassing market expectations, driven by gains in the service and manufacturing sectors.
However, concerns about rising costs, new U.S. tariffs, and global economic uncertainties may limit the sustainability of this growth.
The Bank of England forecasts a 1% growth rate for 2025, and stronger EU ties may be necessary to maintain economic progress.
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La economía del Reino Unido creció un 0,7% en el primer trimestre de 2025, superando las previsiones, pero se enfrenta a desafíos como costos y aranceles.