{"id":31669,"date":"2026-06-30T06:59:46","date_gmt":"2026-06-30T06:59:46","guid":{"rendered":"https:\/\/microvibenews.com\/?p=31669"},"modified":"2026-06-30T06:59:46","modified_gmt":"2026-06-30T06:59:46","slug":"uk-economy-grows-faster-than-expected-in-q1-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=31669","title":{"rendered":"UK economy grows faster than expected in Q1 \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/12\/2016-11-29-14.04.11-scaled.jpg\" alt=\"Digital, code, coding\" class=\"wp-image-35549 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"2560\" height=\"1707\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/12\/2016-11-29-14.04.11-scaled.jpg\" alt=\"Digital, code, coding\" class=\"wp-image-35549 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/12\/2016-11-29-14.04.11-scaled.jpg 2560w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/12\/2016-11-29-14.04.11-600x400.jpg 600w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/12\/2016-11-29-14.04.11-300x200.jpg 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/12\/2016-11-29-14.04.11-768x512.jpg 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/12\/2016-11-29-14.04.11-1024x683.jpg 1024w\" sizes=\"(max-width: 2560px) 100vw, 2560px\"\/><figcaption class=\"wp-element-caption\"><em>Computer programming contributed to growth (pic: DB Media Services)<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">Growth in the UK was at a faster pace than many had expected at the beginning of the year, 0.6% in the first quarter of the year.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The data from the Office for National Statistics show the UK outpaced the rest of the G7. The\u00a0US\u00a0and\u00a0Japan\u00a0were close behind, with quarterly growth of 0.5%, while\u00a0Italy\u00a0and\u00a0Germany\u00a0both grew by 0.3%. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Canada\u00a0stagnated, while\u00a0France\u00a0is on the brink of a technical recession after its GDP fell by 0.1% in Q1 2026.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The UK figures were boosted as firms rushed to stockpile goods while activity rose rapidly just as tensions in Venezuela and the Middle East flared up, according to official figures.\u00a0 The UK economy\u00a0declined\u00a0by 0.1% in April, the second month of the Iran war.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Business investment came to around 0.9% in the first quarter of the year, which was also slightly higher than expected.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The Office for National Statistics said growth in 2025 was slightly lower than previously thought at 1.3% rather than 1.4%.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Liz McKeown, director of economic statistics at the ONS, said: \u201cServices were the main driver of growth in the latest quarter, with strengths in computer programming, wholesale and advertising only offset by falls in rental companies and recruitment agencies.\u201d<\/p>\n<p class=\"wp-block-paragraph\">\u2026 more follows<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.5) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#economy #grows #faster #expected #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Computer programming contribut&hellip; <\/p>\n","protected":false},"author":1,"featured_media":31670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[266,265,617,3475,5305,5461,12777],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/31669"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31669"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/31669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/31670"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}