Economy update: UK GDP rate jumps by 0.6% despite US-Iran war in win for Rachel Reeves
UK's gross domestic product (GDP) rate for January to March 2026 jumped by 0.6 per cent, according to the latest figures from the Office for National Statistics (ONS).
For March alone, the economy grew by 0.3 per cent despite many analysts forecasts GDP to slip by 0.1 per cent or 0.2 per cent in response to the US-Iran war.
Chancellor Rachel Reeves has made economic growth central to her fiscal agenda since Labour returned to Government in July 2024.
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