UK economic growth slows down as Iran war pushes up energy prices
Why This Matters
Key context: <p>GDP expanded by 0.4% in three months to June, but analysts warn growth is ‘likely to fade’</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/aug/13/uk-economy-gdp-growth-second-quarter-services-june-hot-weather-heatwave-world-cup-business-latest-updates">Business live – latest updates</a></p></li></ul><p>Economic growth slowed in the second quarter of the year, as the disruption unleashed by the Iran war began to take its toll, official figures show.</p><p>The Office for National Statistics (ONS) said GDP expanded by 0.4% in the three months to June, <a href="https://www.theguardian.com/business/2026/jul/16/uk-economy-grew-gdp-despite-iran-war">down from 0.6% in the first quarter</a>, in line with City economists’ expectations.</p> <a href="https://www.theguardian.com/business/2026/aug/13/uk-economic-growth-slows-iran-war-energy-prices-gdp-ons">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.
GDP expanded by 0.4% in three months to June, but analysts warn growth is ‘likely to fade’Business live – latest updatesEconomic growth slowed in the second quarter of the year, as the disruption unleashed by the Iran war began to take its toll, official figures show.The Office for National Statistics (ONS) said GDP expanded by 0.4% in the three months to June, down from 0.6% in the first quarter, in line with City economists’ expectations. Continue reading...
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