General · 16 April 2026
UK economy grew 0.5% before Iran war
Contrary to numerous forecasts, the United Kingdom's economy proved more resilient at the outset of the recent energy price surge, notwithstanding the anticipated repercussions of the Middle Eastern conflict. Official figures revealed the economy expanded by a faster-than-expected 0.5% in February, surprising forecasters who had been more pessimistic. Deutsche Bank's chief economist, Sanjay Raja, noted this "thumping 0.5%" growth suggests stronger spending and investment before the Iran conflict.
Reported by Guardian · How we write briefs