The U.K. may be giving birth to a stronger economy.
U.K. stocks climbed after markets opened after a holiday, as a measure of U.S. consumer confidence advanced and orders for durable goods in the world’s largest economy unexpectedly increased.
Easter boosted U.K. inflation last month as air and sea fares helped push up consumer prices by more than economists forecast.
U.K. economic growth accelerated in the first quarter as the recovery broadened, leaving output excluding oil and gas back above its pre-recession peak.
U.K. manufacturing production expanded more than economists forecast in March, adding to evidence that the economic recovery is gathering strength.
U.K. manufacturing expanded at a slower pace in January as domestic demand and rising export orders underpinned growth for a 10th month.
U.K. unemployment fell more than economists forecast to the lowest rate in almost five years, putting it within touching distance of the 7 percent threshold at which Bank of England officials say they will review borrowing costs.
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