Revised figures indicate that the UK economy grew by 0.7% in Q1 2024, driven by strong consumer spending, increased exports, and robust business investments. Government policies and sectoral gains also contributed significantly.
The S&P 500 saw a significant increase in stock buybacks in Q1 2024, rising to $236.8 billion, an 8.1% increase from Q4 2023. This surge indicates robust corporate confidence and strategic efforts to enhance shareholder value despite a buybacks tax impact.
