In Q1 2025, the UK economy grew significantly (+0.7%), marking its best quarterly performance in the past year. Investment surged (+2.9%), driven by corporate spending on transport equipment and machinery. These strong capital goods purchases drove a sharp rise in imports (+2.1%, with major aerospace deliveries in particular). Export growth was also vigorous (+3.5%), particularly exports to the United States, as manufacturers anticipated the entry into force of the new tariff barriers announced by the US administration. Household consumption continued to grow modestly (+0.2%), as did household investment (+0.3%), while public spending contracted due to budget cuts in health and education. On the supply side, activity was boosted in particular by industrial production (+1.1%), reflecting the strength of foreign sales...