UK economy posts surprise 0.3% growth in three months to June

<p>GDP figure slower than previous quarter but beats expectations thanks to 0.4% expansion in June</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/aug/14/uk-economy-gdp-growth-june-rachel-reeves-federal-reserve-us-economy-inflation-bank-of-england-pound-sterling-ftse-business-live-news-updates">Business live – latest updates</a></p></li><li><p><a href="https://www.theguardian.com/business/2025/aug/14/economic-bounceback-may-be-under-way-but-reeves-cannot-afford-to-relax">Bounceback may be under way but Reeves cannot relax</a></p></li></ul><p>The UK economy grew at a faster rate than expected in the second quarter, official figures show, despite a slowdown from a strong start to the year amid pressure from tax increases and Donald Trump’s global trade war.</p><p>Figures from the <a href="https://www.ons.gov.uk/releases/gdpfirstquarterlyestimateukapriltojune2025">Office for National Statistics (ONS)</a> showed growth in gross domestic product slowed to 0.3% in the three months to the end of June, down from a rate of 0.7% in the first quarter.</p> <a href="https://www.theguardian.com/business/2025/aug/14/uk-economy-avoids-flatlining-slowdown-tax-rises-trump-trade-war">Continue reading...</a>