UK economy unexpectedly grows 0.4% in July boosted by AI

<p>Welcome boost for chancellor with unexpected rise put down to rapid growth of AI in services sector outweighing Iran war fallout </p><p>The UK economy grew in July as the rapid expansion of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for John Healey.</p><p>Figures from the Office for National Statistics (ONS) showed a surprise 0.4% increase in gross domestic product (GDP), compared with 0.3% growth in June. City economists had forecast zero growth.</p> <a href="https://www.theguardian.com/business/2026/sep/11/uk-economy-defies-forecasts-with-surprise-04-growth-in-july">Continue reading...</a>