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by the effects of strikes by public sector workers. the office for national statistics said that a rise in construction activity had been offset by walkouts by teachers and civil servants. it follows a surprise 0.4% jump in economic growth injanuary which brings the uk economy, finally, to a point where it is bigger than it was pre pandemic. the value of sterling rose to its highest level since june of last year, with £1 getting you i dollar and twenty five cents. despite february s flatlining the chancellor described the outlook as brighter than expected . let s get more now with victoria scholar, head of investment at interactive investor. investor. investor. the investor. the last investor. the last few investor. the last few minutes investor. the last few minutes we investor. the last few minutes we had investor. the last few minutes we had at the in the last few minutes we had at the elite has production data from the elite has production data from the euro i ....
Overall spalling. why is it we are trailinu? ., , overall spalling. why is it we are trailinu? ., , ., trailing? it doesn t look as though there is this trailing? it doesn t look as though there is this divergence trailing? it doesn t look as though there is this divergence taking - there is this divergence taking place between the uk and europe, also in terms of the normalisation of inflation. we are still stuck above io%, while some economies across europe have seen their inflation readings come down. i think a lot of this comes down to our dependence on wholesale gas. we do not have huge storage capacity is so we are much more exposed to the wholesale gas market. as a result, that means our inflation has been a bit more persistent. it is the reason why we are in the cost of living crisis, why wages are falling in real terms and why people are struggling to pay for food and bills and everything else. and all of that is weighing on our growth outlook. we didn t grow, but we did ....