The British pound surged on Thursday after official data revealed that the UK economy unexpectedly expanded in the final quarter of last year, providing a rare boost amid broader

economic concerns.

Sterling climbed 0.57% to $1.25155 against the U.S. dollar, reaching its highest level in more than a week.

According to figures from the Office for National Statistics, the UK’s gross domestic product (GDP) grew by 0.1% in the fourth quarter, defying economists’ expectations. A Reuters poll had predicted a 0.1% contraction during the period.

This unexpected growth offers a glimmer of optimism as the UK continues to navigate economic challenges.