UK economy unexpectedly grew by 0.4% in July

TechnologyBusiness & Finance
11 Sep 2026 • 2:20 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

UK economy unexpectedly grew by 0.4% in July

The UK economy unexpectedly grew by 0.4% in July following a boost from the services industry and businesses increasing the use of AI, official figures show.

The Office for National Statistics (ONS) released the latest gross domestic product (GDP) data, which was up from a 0.3% growth rate in June.

It marks a surprise uplift after economists were expecting the economy to show zero growth for the month.

The ONS said the services sector drove growth in July, with output increasing by 4%, and computer programming making the largest contribution.

Artificial intelligence (AI) and related technology has helped to boost the sector over the past three months, according to the ONS.

ONS director of economics statistics Liz McKeown said: “Separately, as in June, some businesses reported that the warm weather and FIFA World Cup had affected their activity, although effects differed across industries, benefitting some businesses while creating challenges for others.”

Read More

Independent Scotland in EU would make Scots £3,000 a year richer, claims SNP

UK economic growth set to peter out as consumers swap shops for pubs

I won’t fund national security at the expense of social security, Burnham says

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved