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UK Economy Grew by 0.5% in Second Quarter of 2026
Stronger services growth and higher household income lifted the revised reading, while business investment rose 5.2%, the ONS said.
- The Office for National Statistics reported Britain's economy grew 0.5% between April-to-June, outpacing the initial 0.4% estimate released today.
- Past data revisions showed 2025 growth was 1.2%, down from 1.3% previously recorded, though stronger services sector activity means the economy is now slightly larger overall.
- Business investment growth climbed to 5.2% from 0.8%, while real household disposable income per head rose 1.0% in the three months to June, the strongest quarterly jump since late 2024.
- Britain was the fastest-growing economy among the Group of Seven in the first half of 2026, providing Finance Minister John Healey with positive signals ahead of October's budget.
- Liz McKeown, ONS director of economic statistics, said the latest figures reflect "annual improvements to the measurement of the economy, incorporating new information that provides a better picture of activity across the UK.
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Coverage Details
Total News Sources25
Leaning Left3Leaning Right4Center5Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 25%
C 42%
R 33%
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