Back|UK economy defies expectations with 0.3% growth in March amid Iran war

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Sky News Business·14.05.2026·🇬🇧United Kingdom·Business

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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#UKEconomy#GDPGrowth#IranWarImpact#ONSData

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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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UK economy defies expectations with 0.3% growth in March amid Iran war

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