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The Independent UK

National

Athena Stavrou and Karl Matchett

World Cup and hot weather help UK economy weather Iran shocks

United Kingdom Iran World Cup Economy

UK economic growth slowed to 0.4 per cent in the second quarter of the year, down from 0.6 per cent in the first quarter.
Monthly GDP grew by 0.3 per cent in June, buoyed by the service sector, warm weather, and the start of the football World Cup.
The ongoing conflict stemming from Donald Trump's war on Iran has driven up energy costs and strained household finances.
Chancellor John Healey and Prime Minister Andy Burnham pledged to maintain economic resilience and deliver growth across all UK postcodes.
Business leaders and trade unions have urged the government to use the Autumn Budget to cut costs for firms and reform fiscal institutions.

IN FULL

UK economy grew by 0.4% in second quarter as Iran war prompts slowdown

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