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UK Economy Beats Forecasts with 1.2% Growth in Q2 2026

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GBP
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The UK's economy has shown resilience in its second quarter of 2026, surpassing market forecasts with a 1.2% year-on-year growth rate.

This marks a continuation of moderate expansion for the British economy, driven by robust consumer spending and a resilient services sector, which accounts for roughly 80% of UK economic output.

The services sector showed particular strength in professional services, hospitality, and information technology, while manufacturing output expanded by 0.8% on the year, and construction remained flat.

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