The fresh expansion is the fifth consecutive increase in GDP growth.
However, the Office for National Statistics (ONS) findings have also shown that the economy remains 0.6% smaller than its peak of 2008.
The initially estimated growth figure for the first three months, is a slight increase on the 0.7% recorded in fourth quarter of 2013, and is a 3.1% on the same period a year previously.
However, there have been predictions that the growth figure would be higher than stated, nearly about 0.9%.
Deputy Prime Minister Nick Clegg has commented on the findings by saying: “Today’s growth figures are another welcome sign that our economy is moving in the right direction – employment is up, growth is up.
“Skilled British workers in areas like our thriving automotive industry and our world class services sector are helping to rebalance the economy, building a fairer society for this generation and the next.”
The Chancellor George Osborne has said the new findings were evident of the positive results of government’s economic plan: “For the first time in a decade all three main sectors of the economy – manufacturing, services and construction – have grown by at least three per cent over the past year.”
Mr Osborne has added: “The impact of the ‘great recession’ is still being felt, but the foundations for a broad-based recovery are now in place.”
But the shadow chancellor, Ed Balls has raised the concern whether ordinary people would benefit from the long-lasting and balanced recovery, saying “millions of hardworking people are still feeling no recovery at all”.
Mr Balls has added: “With business investment still weak, infrastructure output down and housing demand outstripping housing supply, this is not yet a recovery that is built to last.”
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