UK GDP growth slows to 0.3% in Q2, below previous quarter’s pace

The UK economy expanded by 0.3% in the second quarter compared to the previous three months, slowing from the 0.7% growth recorded in Q1. The figure came in above market expectations of 0.1%, suggesting moderate resilience despite signs of a broader economic slowdown.

Economists note that the weaker pace reflects softer business investment and household spending, with uncertainty over interest rate policy and global trade conditions weighing on activit