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UK living standards fall despite fastest growth in G7 – business live

The Guardian UK Tuesday 30 June 2026, 06:46 UTC By Graeme Wearden 1 min read
Key Points

Rolling coverage of the latest economic and financial news, as GDP quarterly national accounts show how UK economy fared in January to March 2026Today’s data also shows that the UK economy grew less than previously thought in the first calendar year of the Labour government. The ONS now estimates that UK GDP rose by 1.3% during 2025, down from its previous estimate of 1.4% growth.

Rolling coverage of the latest economic and financial news, as GDP quarterly national accounts show how UK economy fared in January to March 2026

Today’s data also shows that the UK economy grew less than previously thought in the first calendar year of the Labour government.

The ONS now estimates that UK GDP rose by 1.3% during 2025, down from its previous estimate of 1.4% growth.

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UK (LOCATION) G7 (ORG) Labour (ORG) ONS (ORG)
Originally published by The Guardian UK Read original →

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