UK GDP growth beats expectations amid key takeovers and political shifts

UK GDP grew 0.8% over three months, surpassing forecasts and showing resilience despite geopolitical tensions and energy price pressures. The FTSE 100 opened lower as investors digested takeover deals including Rotork's £4.1bn acquisition by ABB and Uber's $14.8bn bid for Delivery Hero. Political developments with Andy Burnham's incoming government and a new Chancellor appointment boosted market confidence. Gold prices fell below $4,000 amid a stronger US dollar, while US tech stocks faced pressure despite strong earnings in healthcare and chip sectors. The UK steel industry was nationalized to secure its future amid global uncertainties.