UK Economy Shows Minimal Growth as OECD Downgrades 2026 Outlook
The Organisation for Economic Cooperation and Development cut the UK growth forecast by 0.5 points to 0.7%, the lowest in the G20, citing flatlining output and rising inflation.
- The UK economy showed minimal growth of 0.1% in the last quarter of 2025, and the OECD downgraded its GDP forecast for 2026 to 0.7%.
- The UK's services sector flatlined with zero growth, while production expanded and construction fell in the fourth quarter of 2025.
- Experts warned that the UK economy is in a vulnerable position heading into the Iran war, with high inflation and cost-of-living pressures expected to weigh on growth.
7 Articles
7 Articles
GDP growth for 2025 revealed as ONS confirms UK economy barely grew under Rachel Reeves
The UK's gross domestic product (GDP) rate grew 1.4 per cent over 2025 with the economy "growing a little" last year, according to the latest figures from the Office for National Statistics (ONS).Based on the latest figures from the statistics body, economic growth over the period jumped by unrevised 0.1 per cent in the final quarter of 2025 as Chancellor Rachel Reeves attempts to bolster the economy.Notably, the ONS kept its forecast for the Oc…
'Fragile' UK GDP data spells ‘uncomfortable trade-off’ for Bank of England
The UK’s Gross Domestic Product growth amounted to 0.1% during Q4 2025, according to figures published today (31 March) by the Office for National Statistics. This marks no change in the rate of growth compared to the previous quarter. Production increased by 1.2% between October and the end of December last year. However, this was countered by a 2% fall in growth within the construction sector, while services remained stagnant. On an annual bas…
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