UK Economy Expands 0.4% in July Amid Rising Inflation Fears

Britain's economy expanded by 0.4% in July, according to Office for National Statistics data released on September 11.

This growth rate is slightly higher than economists' median forecast of no change from June.

In the first half of 2026, the UK's economy grew by 1%, making it the fastest-growing among Group of Seven large advanced economies.

The Bank of England (BOE) forecasts the economy will expand 1.1% over 2026 as a whole, and Governor Andrew Bailey said economic data since then has come in 'a bit stronger' than expected.