{
  "id": 10879857,
  "title": "UK economic output revised up to show stronger Q2 growth",
  "url": "https://urgent.news/2026/09/30/uk-economic-output-revised-up-to-show-stronger-q2-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T06:42:28.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/uk-economy-grew-by-05-in-q2-2026-ons-says-4924135"
  },
  "original_language": "en",
  "account": "Britain's economy experienced a stronger growth in the second quarter than previously estimated, according to data released by the Office for National Statistics. The economy expanded by 0.5% in the April-to-June period, slightly surpassing the initial estimate of 0.4% growth in gross domestic product. This positive outlook could bolster finance minister John Healey's preparations for the October budget.\n\nEconomists surveyed by Reuters had anticipated the 0.4% increase in economic output. However, Britain's economy stood out among the Group of Seven major advanced economies, as it was the fastest-growing during the first half of 2026, as per the ONS data.\n\nThe real household disposable income per capita saw a significant increase of 1.0% in quarterly terms during the three months to June, marking the largest rise since the end of 2024. This followed a 0.8% decline in the first quarter. Moreover, the ONS revised upward the second-quarter business investment growth to an annual rate of 5.2% from the initial estimate of 0.8%.\n\nSeparate balance-of-payments data revealed that Britain ran a smaller current account deficit than economists had predicted for the second quarter, amounting to £19.9 billion ($26.4 billion). This figure was lower than the consensus estimate of £24.7 billion. Excluding precious metals trade, the deficit narrowed to 1.4% of economic output, the smallest reading in five years, supported by robust growth in services exports.",
  "summary": null,
  "key_points": [
    "UK economy grew 0.5% in Q2, surpassing initial estimate of 0.4%",
    "Real household disposable income per capita increased 1.0% in Q2",
    "UK ran smaller current account deficit of £19.9 billion in Q2"
  ],
  "editors_take": "The upward revision of UK economic growth in Q2 strengthens the finance minister's budget preparations and showcases Britain's relatively robust performance compared to other major advanced economies.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}