UK economy failed to grow in January in blow for Starmer - The figures follow warnings that inflation could rise at the end of the year due to the US-Israeli war on Iran

The GDP in the UK stalled 0% m/m in January 2026, following a 0.1% rise in December, and compared to forecasts of a 0.2% gain. On a yearly basis, the economy remains 0.8% larger than in January 2025,

The price of Brent crude was back above $100 on Friday morning, and it’s already feeding through into prices at the pumps. Suddenly, at dinner tables around the UK, everyone is talking about the Strait of Hormuz, through which 20% of the world’s oil passes.

Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity

The UK’s Spring Forecast projected modest growth, easing inflation, and improving public finances—but fresh uncertainty from the US-Iran conflict and rising energy prices may already have thrown those forecasts off course,

The UK economy grew modestly in the final three months of last year amid budget uncertainty and a subdued performance in December, according to official figures. The Office for National Statistics (ONS) said gross domestic product (GDP) rose by 0.1% in the ...

Don't rule out UK growth picking up through the first quarter, despite a weak January. But the energy price spike risks a longer period of stagnation through 2026, as inflation rises, the jobs market keeps cooling and real wages fall back.

LONDON, March 4 (Reuters) - Britain's services sector grew robustly during February, according to a survey on Wednesday that also showed job cuts and price pressures persisted, a potential worry for the Bank of England ahead of this month's interest rate decision.

Analysts had been expecting 0.2% growth for the UK economy at the beginning of the year.