14-May-2026
Economy News
 
UK Economy Posts Strong Q1, but Iran War Casts Shadow Over Outlook
14-May-2026

Britain's economy grew unexpectedly in March to cap another strong first quarter, suggesting it was in better shape as the Iran war escalated than many feared, though economists said seasonal distortions were flattering the figures. Gross domestic product increased by 0.3% month-on-month in March, the Office for National Statistics (ONS) said, against expectations in a Reuters poll of economists for a 0.2% contraction.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-14/uk-economy-shows-unexpected-growth-of-0-3-in-march
 
 
 

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