UK economic growth slows as energy prices rise
The Guardian · August 13, 2026Original source ↗
What happened
The UK GDP expanded by 0.4% in the three months to June, a decrease from 0.6% in the first quarter. This slowdown is attributed to the effects of the ongoing conflict in Iran, according to official figures from the Office for National Statistics.
Why it matters
This slowdown in economic growth may impact consumers and businesses in the UK, particularly with rising energy prices.
How this story affects people
How does this story affect you if you are a consumer in the UK?
Rising energy prices could lead to higher household bills, impacting your disposable income and overall spending power. This slowdown in economic growth may also affect job security and wage growth, making it harder to manage everyday expenses.
Want this written about you?
The breakdown above is the shared version, for kinds of people. In the app, Ripple uses your job, your city, and your family, then writes that part about you.
Get your Ripple