UK economy grows faster than expected in February despite looming Iran war impact
The UK economy expanded by 0.5% in February, surpassing expectations, according to official data from the Office for National Statistics (ONS).This growth follows a revised figure for January, which showed a 0.1% increase, up from an initial estimate of no growth.These figures reflect economic activity before the outbreak of the US-Israeli war with Iran on 28 February.The conflict has since triggered a significant energy shock, raising concerns about its potential to disrupt global economic stability.The International Monetary Fund (IMF) has responded by lowering its growth forecast for the UK, identifying it as the most vulnerable among advanced economies to the... [Continue Reading]
360LiveNews | 16 Apr 2026 07:33 LONDON
