Sky News Business14.5.2026BusinessUnited Kingdom
UK economy defies expectations with 0.3% growth in March amid Iran war
GDP expansion beats forecasts, with services sector driving 'broad-based' growth
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The UK economy grew 0.3% in March, exceeding expectations of a 0.2% contraction, with the services sector leading the expansion despite higher energy costs from the Iran war, making the UK the top G7 economy for Q1 2026 so far.
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The UK economy grew 0.3% in March, exceeding expectations of a 0.2% contraction, with the services sector leading the expansion despite higher energy costs from the Iran war, making the UK the top G7 economy for Q1 2026 so far.
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