UK Economy Grows in 1st Month of Iran War
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The Office for National Statistics has confirmed the UK economy has surged 0.3% in March, as the Chancellor Rachel Reeves urges Labour MPs to avoid putting economic stability at risk
The UK economy has recorded the strongest quarterly growth in a year over the first three months of 2026 with a surprise spurt in activity after the Iran war began, figures show. Gross Domestic Product (GDP) increased by 0.
Rolling coverage of the latest economic and financial news, including the UK’s latest GDP report
The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday, in line with the expectations of economists polled by Reuters. The print follows an expansion of 0.7% in the first quarter. Economic growth ...
In the 1800s, the United Kingdom was clearly the richest country in the world, with consistent, solid economic growth, a focus on science and engineering, plus all the benefits of trade across the oceans. But now the country seems to have lost its mojo.
The British economy grew faster than the U.S. and most European peers in the first quarter, but the Middle East conflict is set to test its resilience.
The UK kicked off the year with a burst of economic growth, with business and consumers appearing to hold up in the initial weeks of the Iran war.