UK Economy Beats Forecasts with 1.2% Growth in Q2 2026
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.