UK Economic Growth Revised Up to 0.5% in Second Quarter

The UK economy grew by 0.5% in Q2 2026, an upward revision from the initial 0.4% estimate, following a 0.6% expansion in Q1. Annual growth for 2026 was also revised higher to 1.4%, though the 2025 full-year estimate was reduced to 1.2%. Resilient consumer spending and a 0.6% expansion in the services sector were key drivers, with the household saving ratio increasing to 8.8%.