UK GDP dips 0.1% in May

ONS figures show 'no sign of growth' in three months

Cristian Angeloni
clock • 2 min read
UK GDP dips 0.1% in May

The UK's gross domestic product shrank by 0.1% in May, the Office for National Statistics (ONS) said today (13 July).

The dip came after 0.2% growth in April 2023, but looking more broadly, GDP showed "no sign of growth" in the three months to May 2023 when compared with the three months to February 2023, the ONS ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Ministers abandon attempt to tell pension funds how to invest

News Digest: Ministers abandon attempt to tell pension funds how to invest

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 29 April 2026 • 1 min read
Pension Schemes Bill facing 'genuine risk of failure'

Pension Schemes Bill facing 'genuine risk of failure'

Industry says trustees feeling ‘sense of legislative fatigue’

Holly Roach
clock 28 April 2026 • 2 min read
Professional Pensions Live: Three weeks left to register

Professional Pensions Live: Three weeks left to register

Our flagship event will be held on 19 May at Convene, 155 Bishopsgate in London

Jonathan Stapleton
clock 28 April 2026 • 1 min read
Trustpilot