‘Well make you better off,’ says Labour as Keir Starmer hails UK 0.7% GDP growth as fastest in G7 [Video]

Millions of Britons will be better off as the economy picks up, says the Government after GDP growth hit 0.7% in the first three months of the year.

Welcoming the figures, Sir Keir Starmer stressed: “The UK now has the fastest growth in the G7.

“We’ve had four interest rate cuts since July and wages are rising faster than prices.”

City minister Emma Reynolds also emphasised that the growth figure meant the UK economy expanded at a quicker rate than the US, Germany, France, Italy, Canada and Japan, the other members of the G7 group of wealthy nations.

“Obviously we want to see even higher levels of economic growth…this is about ensuring that people are better off across the country,” she told Sky News.

The ONS figures also showed real GDP per person was up 0.5% in the first quarter of 2025, the first time it has risen since Labour won power last July.

Many households, though, are still not feeling better off as the cost-of-living …