News · 16 July 2026

UK economy grew 0.1% in May despite Iran war impact

The UK economy saw 0.1% growth in May, despite rising energy costs linked to the conflict in the Middle East. Services output increased by 0.3%, following a 0.1% decline in April. However, the pace of growth has eased slightly, and the economic outlook remains uncertain as oil prices have risen again.

By BriefTea Editorial · 16 July 2026 at 8:53

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