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What's happening to the UK economy and how does it affect you?

growth was its top priority. Across 2025 as a whole, UK GDP was estimated to have increased by 1.4%, up from 1.1% in 2024. In March, the Office for Budget Responsibility (OBR) - the government

UK economy records surprise 0.3% growth in first month of the Iran war

2026, GDP rose 0.6%, up sharply from growth of 0.1% in the final three months of last year. The ONS said that growth in the first quarter was “led by broad-based increases across

'Bit of pain' worth long-term security from Iran, Bessent tells BBC

GDP would be if a nuclear weapon hit London... I am saying that I am less concerned about short-term forecasts, for long-term security," he said. At the start of the war, Iran