UK economic growth slows to 0.4% in second quarter amid energy price spikes
Official figures show UK GDP expansion slowed in the three months to June as the Iran war pushed up energy prices, with analysts warning of further fading growth.
- UK GDP expanded by 0.4% in the three months to June.
- Growth slowed down from 0.6% in the first quarter.
- The slowdown is linked to energy price hikes driven by the Iran war.