The British economy expanded 0.7% on quarter in Q1 2025, the same as in the preliminary estimate, and the strongest growth in a year. On the production side, growth was driven by an increase of 0.7% in the services sector, with the largest positive contributor coming from administrative and support service activities (3.7%) and wholesale and retail trade (1.6%). Production also grew by 1.3%, mostly manufacturing (1.1%), including transport equipment (2.8%) and machinery and equipment (4%). On the consumption side, growth was driven by a 2% surge in gross fixed capital formation, mainly aircraft investment, as well as ICT equipment and other machinery and equipment. Business investment rose 3.9%. Positive contributions also came from net trade, with exports rising 3.3% and imports increasing 2%. Also, household consumption was up 0.4%. On the other hand, public expenditure went down 0.4%. Year-on-year, the GDP expanded 1.3%, in line with the first estimate and below 1.5% in Q4.