UK economy grew by 0.1% in May despite impact of Iran war

The UK economy managed to eke out a 0.1% growth in May, reversing a similar decline from April, as per the Office for National Statistics. This slight uptick occurred even amid rising energy costs due to the Iran war, suggesting resilience in the face of external pressures. Economists had anticipated this modest rise, highlighting the economy's ability to maintain stability in challenging times. This growth is crucial as it indicates the economy's capacity to withstand global geopolitical tensions.