UK Economy Bounces Back Slightly | London News

The UK economy edged up 0.1% in May, a small rebound after April’s dip — and economists weren’t shocked, but it’s still a sign of resilience amid global chaos. Rising oil prices from Middle East tensions are squeezing budgets, with half of the government’s 23.6 billion-pound war reserve potentially at risk. The IMF’s revised forecast now predicts 1% growth for the year — a modest uptick — but don’t get too comfortable: the outlook remains fragile. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d3da82a4ea876ca1