WNYChamber responds to UK economy growth

Responding to the news that the UK economy grew at a better than expected rate of 0.7 per cent during Q1 of this year, Mark Casci, head of policy and representation at West & North Yorkshire Chamber of Commerce, said: “It is encouraging to see that the UK economy grew by a better than expected rate of 0.7 per cent during the first quarter of the year.

“It is a testament to the resilience of both Yorkshire and the UK’s business leaders that this growth has outpaced expectations, particularly given the significant challenges it has faced.

“We should keep in mind, however, that these growth figures do now take into account April’s National Insurance increase or the US tariff increases. 

“While trade deals with India and the US are signs of encouragement for firms, we still need action to give businesses the confidence they so desperately need to invest and create jobs.  

“Next week’s planned UK-EU summit is an ideal opportunity for the Government to deliver on its promise to improve the trading relationship.”