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UK economic growth slows to 0.3 pr cent in second quarter of 2025

UK economic growth slows to 0.3 pr cent in second quarter of 2025

Yahoo2 days ago
Growth in the UK economy slowed to 0.3% in the second quarter of this year, new official figures show.
However, the figure was stronger than the 0.1% level widely expected by economists after an uptick in activity in June and revised data for earlier in the quarter.
The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.3% for the quarter, after 0.7% growth in the first three months of the year.
It came after the economy grew by 0.4% in June.
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ONS director of economic statistics Liz McKeown said: 'Growth slowed in the second quarter after a strong start to the year.
'The economy was weak across April and May, with some activity having been brought forward to February and March ahead of stamp duty and tariff changes, but then recovered strongly in June.
'Across the second quarter as a whole, growth was led by services, with computer programming, health and vehicle leasing growing.'
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