Figures from the Office for National Statistics (ONS) showed second quarter growth remained unchanged from its earlier estimate, at 0.3%, marking a steep pull-back from 0.7% expansion in the first three months of the year.
While data for 2025 so far has been unrevised, the ONS said it revised quarterly gross domestic product (GDP) throughout 2024, though the overall annual growth rate last year remained at 1.1%.
GDP grew by an unrevised 0.3% in Quarter 2 (Apr to June) 2025, following an unrevised increase of 0.7% in Quarter 1 (Jan to Mar):
· Services +0.4%· Production -0.8%· Construction +1.0%
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— Office for National Statistics (ONS) (@ONS) September 30, 2025
The data also showed a rebound in household disposable income per person between April and June 2025, which increased by 0.2%, compared with a 0.9% fall in the first three months.
The ONS said this was driven by a rise of £4.4 billion in wages, largely in the private sector, while at the same time there was a £4 billion fall in taxes on income but this related to the 2023-24 tax year.
Liz McKeown, ONS director of economic statistics, said: “Growth for 2024 as a whole is unrevised, though these new figures show the economy grew a little less strongly at the start of last year than our initial estimates suggested but performed better in later quarters.
“Quarterly growth rates for 2025 are unrevised.
“In the latest quarter we saw an increase in the household saving ratio, very little growth in consumer spending and a slight fall in output for consumer facing services, despite growth in services overall.”
