- The UK economy recorded zero growth in January, according to new data released by the Office for National Statistics (ONS).
- This stagnation follows a marginal 0.1 per cent growth in Gross Domestic Product (GDP) during the final three months of 2025.
- The latest figures do not account for the impact of the US-Israeli war on Iran, which has led to soaring oil prices.
- There are growing fears of a new cost of living crisis in the UK if energy bills continue to rise.
- The Office for Budget Responsibility (OBR) has warned that UK inflation could reach three per cent by the end of the year if current oil and gas price levels persist.
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