UK economy grows by 0.1% despite uncertainty over Reeves’s budget

ONS reports GDP growth increased in final three months of 2025 after 0.1% growth in previous three monthsBusiness live – latest updatesThe UK economy expanded by 0.1% in the final three months of last year, according to official data, despite signs that tax speculation around Rachel Reeves’s...

<p>ONS reports GDP growth increased in final three months of 2025 after 0.1% growth in previous three months</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/feb/12/uk-gdp-report-economy-december-q4-2025-growth-rachel-reeves-budget-news-updates">Business live – latest updates</a></p></li></ul><p>The UK economy expanded by 0.1% in the final three months of last year, according to official data, despite signs that tax speculation around Rachel Reeves’s budget had dampened spending.</p><p>Figures from the Office for National Statistics (ONS) show that the economy grew at the same rate of 0.1% as the previous three months. Economists had been expecting a rise of 0.2%.</p> <a href="https://www.theguardian.com/business/2026/feb/12/uk-economy-grows-rachel-reeves-budget-ons-gdp-growth">Continue reading...</a>
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