News · 30 June 2026
UK economy grew 0.6% before Iran war impact
Britain's economy expanded as expected in early 2026, recording 0.6% growth in output during the first quarter. This growth was largely driven by the services sector, including computer programming, wholesale, and advertising. However, households were already feeling squeezed, with disposable income per head contracting, even before the full effects of the U.S.-Iran conflict hit.
Reported by MarketScreener · How we write briefs