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UK economy beats forecasts with 0.3% growth in March despite Iran war – business live

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Rolling coverage of the latest economic and financial news, including the UK’s latest GDP report

Output across the UK’s construction output increased by 1.5% in March, the ONS reports, thanks to new building work and repairs.

This morning’s GDP report says:

The increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively. At the sector level, the main contributor to the monthly increase was private housing new work, which grew by 2.8%.

Continue reading…Rolling coverage of the latest economic and financial news, including the UK’s latest GDP reportOutput across the UK’s construction output increased by 1.5% in March, the ONS reports, thanks to new building work and repairs.This morning’s GDP report says:The increase in monthly output in March 2026 came from increases in both new work, and repair and maintenance, which grew by 2.0% and 0.8%, respectively. At the sector level, the main contributor to the monthly increase was private housing new work, which grew by 2.8%. Continue reading…