UK GDP rises 0.5% in February ahead of Iran conflict

Bank of England says it will not 'rush' judgements about interest rate changes

Linus Uhlig
clock • 2 min read
With the full impact of the Iran conflict yet to be felt in the data, central banks across the world have opted to pause their rate-cutting cycles.    Credit: iStock
Image:

With the full impact of the Iran conflict yet to be felt in the data, central banks across the world have opted to pause their rate-cutting cycles. Credit: iStock

GDP in the UK rose 0.5% in February 2026 ahead of the conflict in the Middle East, according to data from the Office for National Statistics today (16 April).

This came in above expectations of economists polled by Reuters, who had forecast a 0.2% rise, following a growth of 0.3% in the three months to January  In the three months to February 2026, se...

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

AMNT calls for mandatory member representation on scheme boards

AMNT calls for mandatory member representation on scheme boards

Body says members’ voices remain ‘almost silent’ in current DC and CDC arrangements

Martin Richmond
clock 13 August 2026 • 3 min read
Taxable pension withdrawals pass £75bn for under-65s

Taxable pension withdrawals pass £75bn for under-65s

Analysis finds 2.4 million have now taken their first taxable payment below the age of 65

Alex Levy
clock 13 August 2026 • 2 min read
AMNT: Three urgent reforms for the protection of member rights

AMNT: Three urgent reforms for the protection of member rights

John Flynn says the organisation has ‘serious concerns’ the voice of members will be lost

John Flynn
clock 13 August 2026 • 5 min read
Trustpilot