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UK economy grows 0.1% in May – ONS
Growth was driven by a 0.3% increase in the services sector, which more than offset a 0.5% fall in production output and a 0.8% decline in construction activity during the month.
GDP
Asset Finance
UK economy grows 0.6% in first quarter as household incomes fall
The UK economy expanded by 0.6% in the first quarter of 2026, driven by growth across all major sectors, although household disposable income fell and the savings ratio declined.
Business
UK economy slips into contraction as GDP falls 0.1% in April
UK GDP contracted by 0.1% in April as rising energy costs and global uncertainty weighed on economic activity, although quarterly growth remained positive at 0.7%.
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UK economy grows despite pressure from Iran conflict and rising energy costs
The UK economy expanded by 0.3% in March, beating forecasts, as services activity and construction growth helped offset pressure from higher energy costs linked to the Iran conflict.
News
TUC urges Bank of England to cut rates
The TUC has called for a sequence of faster interest rate cuts after GDP rose 0.1% in Q4 2025 and consumer demand slowed to 0.2%.
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UK GDP returns to modest growth as construction drags on output
GDP rose 0.1% in the three months to December 2025, with a rebound in production offsetting a sharper fall in construction, while services flatlined again.
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GDP rebounds 0.3% in November as manufacturing disruption unwinds
UK GDP rose 0.3% month-on-month in November, beating expectations and putting the economy on track for modest growth in the final quarter of 2025.
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UK GDP falls again in October as economic weakness persists
UK GDP fell by 0.1% in October, extending a run of weak growth and undershooting market expectations.
News
Oxford Economics warns of weak UK growth and rising fiscal risks in 2026
Oxford Economics forecasts the Bank Rate will fall to around 3.25% by the end of 2026, with cuts implemented cautiously.
News
Rathbones calls for Budget investment incentives to unlock £60bn GDP boost
Rathbones has urged the Government to use the Autumn Budget to strengthen support for entrepreneurs and smaller businesses.
News
UK GDP slips 0.1% in September as car production slump drags output
Monthly GDP fell 0.1% in September as a sharp drop in motor vehicle manufacturing pulled production lower, while services and construction posted modest gains.
News
UK GDP edges up 0.1% in August as services stall and construction slips
The UK economy grew 0.1% in August after a revised 0.1% fall in July, with three-month growth rising to 0.3% on services strength despite weaker production and construction.