UK one quarter of negative GDP away from recession

GDP contracted in Q2

Beth Brearley
clock • 3 min read

UK gross domestic product (GDP) contracted in the second quarter for the first time since 2012, the Office for National Statistics said in its latest report, meaning the UK is only one negative quarter away from a recession.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

BoE in wait-and-see mode on rates with projections 'way below the worst-case scenario'
UK

BoE in wait-and-see mode on rates with projections 'way below the worst-case scenario'

Reaction to rate decision

clock 18 June 2026 • 3 min read
Gilt yields climb once again as King's Speech fails to calm market nerves
UK

Gilt yields climb once again as King's Speech fails to calm market nerves

Starmer battles to save leadership

Michael Nelson
clock 13 May 2026 • 1 min read
Schroders and Apollo team up to offer hybrid public and private market strategies
UK

Schroders and Apollo team up to offer hybrid public and private market strategies

Products launching later this year

Michael Nelson
clock 10 February 2026 • 1 min read
Trustpilot