THE DODGER: Britain dodged a third recession after official figures showed the economy grew 0.3 percent in the first quarter compared with the previous three months.
SLIM GROWTH: The figure released Thursday by the Office for National Statistics was above analyst forecasts for 0.1 percent growth and allowed the country to avoid a so-called "Triple Dip" — a third recession since the 2008 economic crisis.
THE POLITICS: Britain's government desperately wanted a robust number to justify its austerity policies, and seemed at least pleasantly surprised.
- Politics & Government
- Budget, Tax & Economy
- Office for National Statistics