UK Economy Slows Less Than Feared After Tariffs

Britain's economy grew 0.3 percent in the second quarter -- better than feared but a slowdown from 0.7 percent in the first three months of the year. (Credit: AFP)

Britain's economy performed better than expected in the second quarter as it weathered the impact of US tariffs and a higher UK business tax, official data showed Thursday.

Gross domestic product grew 0.3 percent in the April-June period, the Office for National Statistics (ONS) said in a statement -- beating analyst forecasts of 0.1-percent growth after reaching 0.7 percent in the first quarter.