BUSINESS LIVE: UK GDP grows 0.6%; IAG profits take off; Rightmove eyes residential market improvement

The British economy exited recession in the first quarter of 2024, expanding by a better-than-expected 0.6 per cent, fresh data from the Office for National Statistics shows. It compares to forecasts of 0.4 per cent growth and represents an improvement from a 0.3 per cent contraction in the final three months of 2023. 

The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are IAG and Rightmove. Read the Friday 10 May Business Live blog below.

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