Rachel Reeves Has Just Been Handed An Unexpected (And Much-Needed) Boost
Rachel Reeves is under pressure to turn around the UK economy.
Rachel Reeves has just been handed a major boost after new figures revealed the UK economy has grown more quickly than expected.
Official data from the Office for National Statistics showed that gross domestic product (GDP) grew by 0.4% in June.
That was higher than had been predicted by experts and suggests the UK economy is in a healthier state than had previously been thought.
Overall, the economy grew by 0.3% in the second quarter of 2025 (between April and June).
Although that is down on the 0.7% growth between January and March, it means that the UK economy has grown at nearly twice the rate of America’s over the same period – 1% compared to 0.6%.
The new data will be warmly welcomed inside the Treasury after weeks of gloomy economic news, including rising inflation and a slowing jobs market.
Reeves said: “Today’s economic figures are positive with a strong start to the year and continued growth in the second quarter. But there is........
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