Overview

• Q1 growth was 0.7%, leaving the first half of 2025 up 1.0% overall, according to the ONS.
• Services rose 0.4% and construction grew 1.0% in Q2, while production contracted 0.8%.
• The ONS said 2025 quarterly growth rates are unrevised following measurement improvements to past data.
• Officials reported a higher household saving ratio, minimal consumer spending growth, and a slight drop in consumer‑facing services output.
• PwC said Q2 was partly supported by government consumption and healthcare investment, highlighting questions over durability ahead of the Autumn Budget.