BusinessEconomic growth (GDP)EconomicsUK news

UK economic growth slows down as Iran war pushes up energy prices

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This story was selected and curated by our editorial team in the Business category. Published on August 13, 2026 • Originally reported by Heather Stewart. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

GDP expanded by 0.4% in three months to June, but analysts warn growth is ‘likely to fade’

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.

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.

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