UK Economy Perks Up 0.3% in Q2 2025. . .

 

 

 

 

UK economic growth slows to 0.3% in second quarter of 2025

Henry Saker-Clark, PA Deputy Business Editor

Thu, 14 August 2025 at 12:16 am GMT-7

 

Growth in the UK economy slowed in the second quarter of this year amid pressure from tariff uncertainty and tax increases, new official figures show.

1. The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.3% for the quarter after 0.7% growth in the first three months of the year.
2. Chancellor Rachel Reeves said Thursday’s fresh data for April to June was “positive” but added that there is “more to do” to drive growth in the economy. 

Ms Reeves said:

“Today’s economic figures are positive with a strong start to the year and continued growth in the second quarter.

“But there is more to do to deliver an economy that works for working people.”

 

The latest figures showed the UK economy grew by 0.4% in June. 

 

 

ONS director of economic statistics Liz McKeown said: 

“Growth slowed in the second quarter after a strong start to the year.

 

“The economy was weak across April and May, with some activity having been brought forward to February and March ahead of stamp duty and tariff changes, but then recovered strongly in June.

 

• “Across the second quarter as a whole, growth was led by services, with computer programming, health and vehicle leasing growing.”

• Growth in June was also stronger than expected, bouncing back after two consecutive months of decline.

 

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UK economy set for disappointing second quarter as GDP follows PMI lower

UK economy slows less than expected in second quarter

By David Milliken 

August 13, 202511:52 PM PDT 

Updated 1 hour ago

 

LONDON, Aug 14 (Reuters) - Britain's economy slowed less than expected in the second quarter of 2025 after a strong start to the year, despite the shock of U.S. trade tariffs and a weaker jobs market, offering some relief to finance minister Rachel Reeves.

• Official figures published on Thursday showed gross domestic product grew 0.3% in the second quarter after growth of 0.7% in the first three months of 2025, above the 0.1% forecast by the Bank of England and a Reuters poll of economists.

 

 

A drone view of the City of London, Britain's financial powerhouse in London, Britain June 19, 2025.