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UK economy defies forecasts with surprise 0.4% growth in July

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This story was selected and curated by our editorial team in the Bonds category. Published on September 11, 2026 • Originally reported by Heather Stewart Economics editor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Unexpected GDP rise comes as borrowing costs and inflation risks mount ahead of Healey’s first budget

The UK economy grew in July despite the fallout from the Iran war, in welcome news for John Healey ahead of next month’s budget.

Figures from the Office for National Statistics (ONS) showed a 0.4% increase in gross domestic product (GDP), compared with 0.3% growth in June.

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