Economy

ONS Revises UK Second-Quarter Growth Lower

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The Office for National Statistics (ONS) has revised the United Kingdom’s economic growth for the second quarter downward.

Updated figures show that output expanded at a slower pace during the April–June period, reflecting softer activity across parts of the services sector and subdued business investment.

The revision suggests that underlying demand was more fragile in the middle of the year than earlier data had indicated.

Economists say the adjustment reinforces concerns about the durability of the UK’s recovery amid persistent cost pressures, elevated interest rates, and cautious consumer spending.

While the economy continued to grow, the slower pace highlights ongoing headwinds facing households and businesses.

The revised data also adds context to the UK’s broader 2025 performance, which has been characterised by modest growth and uneven sectoral contributions.

Analysts note that revisions of this nature can influence expectations for future output, fiscal planning, and monetary policy decisions.

Market participants will now turn their attention to subsequent quarters to assess whether the slowdown was temporary or part of a broader loss of momentum heading into the end of the year.

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