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Office for National Statistics

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    UK statistics office revises GDP figures in both directions●The Office of National Statistics has revised up the UK's GDP growth in Q2, but revises down last year's GDP. so; revisiMmastodonWorldPolitics614 h ago

    The Office for National Statistics has revised up the UK's GDP growth for the second quarter, while revising down GDP figures for last year. Commentators note the revisions show growth data sits within a margin of error, meaning with growth this low, zero is within that margin — so there may be no real return to economic growth at all.

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    The UK economy expanded faster than previously estimated in the second quarter, strengthening its position as the fastest-growing economy in the G7. Revised figures from the Office for National Statistics show stronger growth than first reported, offering Chancellor Rachel Reeves a rare piece of positive economic news. Commentators note the improved data may ease pressure on the government, though concerns about taxes and living costs remain.

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    UK economy grows 0.5% in second quarter▼UK economy grew by 0.5% in Q2 2026, ONS says✉newsBusinessEconomy9 h ago

    The UK economy grew by 0.5% in the second quarter of 2026, according to the Office for National Statistics. The figure, reported by Reuters and other outlets, marks a stronger-than-expected expansion and is drawing attention as a sign of economic resilience.

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    New data suggests ONS overestimated UK hours worked●@ sjwrenlewis Thank you for your analysis and commentary! So clear and grounded. “It now looks like the ONS had overestiMmastodonBusinessEconomy213 h ago

    Economist Simon Wren-Lewis says the Office for National Statistics appears to have overestimated the number of hours worked in the UK, meaning productivity was underestimated. Revised figures point to a more optimistic picture of UK productivity than previously assumed. Commenters are praising the analysis as clear and grounded, and the claim is circulating among economists discussing whether official statistics have understated British economic performance.