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International Business Times UK
International Business Times UK
Seneca Cabrera

UK Economic Growth Stalls at 0.3% — Tough Choices Loom for November Budget

Tax rises, targeted stimulus and borrowing limits all under debate. (Credit: AFP News)

The UK economy grew by just 0.3 per cent in the second quarter of 2025, according to revised figures from the Office for National Statistics (ONS). The estimate, unchanged from the initial reading, marks a slowdown from the 0.7 per cent expansion recorded in the first quarter.

Although weaker than earlier in the year, the figure still placed the UK among the stronger performers in the G7 during the first half of 2025. A rise in exports ahead of United States tariffs helped offset some of the weakness in domestic activity.

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