The conflict in the Middle East has been blamed for a fall in UK GDP in April by 0.1%.

The ONS reported today that UK GDP grew by just 0.1% in the October to December quarter, raising fears of a UK recession.

The UK economy was flat in the final quarter of last year, with GDP growth of just 0.1%, according to the latest data from the Office for National Statistics.

The UK economy unexpectedly contracted in May, marking the second month in a row of falling output, with GDP down 0.1% after a 0.3% fall in April.

UK GDP showed surprise growth of 0.5% in February - an increase that has been welcomed by industry experts as a sign of a stronger economy than expected.

Latest data from ONS out today reveals that UK real gross domestic product (GDP) is estimated to have shown no growth in Q3 (July to Sept) 2024.

More than 1 in 2 IFAs (53%) question the economic competency of the Labour Government, a new poll has found.