The Latest Breaking News from GDP

NATO appears headed for a compromise deal at a summit next month to satisfy US President Donald Trump's demand to spend five percent of GDP on defence, as heavyweights Germany and France got on board Thursday.

Germany under new Chancellor Friedrich Merz surprised NATO allies on Thursday by signalling plans to massively boost defence spending to five percent of GDP as demanded by US President Donald Trump.

Eurozone GDP grew 0.3% in the first quarter of 2025, with strong gains in Ireland and Spain. Employment rose 0.3%, beating forecasts. March industrial output surged 2.6%, the fastest in five years.

June S&P 500 E-Mini futures (ESM25) are down -0.59%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.77% this morning, pointing to a lower open on Wall Street as a rally sparked by the U.S.-China tariff deal cooled, while investors look ahead to a raft of U.S. economic data,…

Here, the PA news agency looks at why GDP has increased and what’s next for the UK economy.

After two sickly quarters, upbeat growth data and UK trade deal with US paint brighter picture

The economy in the UK grew faster than in the US, France, Germany, Italy, Japan and Canada

Gross domestic product (GDP) increased by 0.7% between January and March, the Office for National Statistics said.

But spurt is likely to prove short lived, as taxes, bills and tariffs all kicked in during April

Weaker oil stocks and a mixed set of corporate results today ensured the FTSE 100 index failed to benefit from the UK's move into the fast lane of economic growth.

UK economy posts its fastest quarterly growth in a year, outpacing rivals, in growth spurt ahead of trade war disruption