UK living standards fall despite fastest growth in G7 – business live
GDP quarterly national accounts show people grew worse off in January to March 2026, despite solid growthToday’s data also shows that the UK economy grew less than previously thought in the first calendar year of the Labour government.The ONS now estimates that UK GDP rose by 1.3% during 2025, down from its previous estimate of 1.4% growth. Continue reading...
Overview
GDP quarterly national accounts show people grew worse off in January to March 2026, despite solid growth
Today’s data also shows that the UK economy grew less than previously thought in the first calendar year of the Labour government.
Details
The ONS now estimates that UK GDP rose by 1.3% during 2025, down from its previous estimate of 1.4% growth.
Continue reading...Source
Originally published at www.theguardian.com.
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