Key Takeaway
Unexpected GDP rise comes as borrowing costs and inflation risks mount ahead of Healey’s first budgetThe UK economy grew in July despite the fallout from the Iran war, in welcome news for John Healey ahead of next month’s budget. Figures from the Office for National Statistics (ONS) showed a 0.
Published September 11, 2026 · Category: News
Overview
Unexpected GDP rise comes as borrowing costs and inflation risks mount ahead of Healey’s first budget
The UK economy grew in July despite the fallout from the Iran war, in welcome news for John Healey ahead of next month’s budget.
Details
Figures from the Office for National Statistics (ONS) showed a 0.4% increase in gross domestic product (GDP), compared with 0.3% growth in June.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "UK economy defies forecasts with surprise 0.4% growth in July" about?+
Unexpected GDP rise comes as borrowing costs and inflation risks mount ahead of Healey’s first budgetThe UK economy grew in July despite the fallout from the Iran war, in welcome news for John Healey ahead of next month’s budget.Figures from the Office for National Statistics (ONS) showed a 0.4% increase in gross domestic product (GDP), compared with 0.3% growth in June. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.