News Summary

• UK economy grew by 0.3%, confounding analysts' forecasts of a small contraction.
• Office for National Statistics said there were signs that consumers and businesses brought forward spending in March due to fears over future price rises brought about by the war.
• Chancellor Rachel Reeves said the growth figures showed the government had "the right economic plan" But she warned a Labour leadership contest risked "plunging the country into chaos" The IMF warned that the UK would be the hardest hit from the war of the world's advanced economies.