Cyprus Mail1 Jul 2026

Services sector leads UK economic growth despite household squeeze

Britain’s economy grew robustly in the first quarter ‌of 2026, official data confirmed this week, but households were squeezed even before the worst effects of the US-Iran conflict started to feed through.

Economic output grew by 0.6 per cent in the first three months of the year, unchanged from an initial estimate by the Office for National Statistics....

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