UK GDP grows 0.3% in Q2, beating G7 peers

Description

The UK economy grew significantly from April to June, expanding its gross domestic product (GDP) by just 0.3%. Analysts from Reuters and the Bank of England (BOE) had forecasted a 0.1% growth in the second quarter of 2025. The country’s economy also seems to be performing better than the G7 on a half-year basis. It surpassed the group with an annualized rate of 2.2% for both Q1 and Q2. The UK’s 0.3% growth in Q2 matched France’s, while Canada’s remained flat, and Germany and Italy contracted by ...