FX.co ★ UK GDP Growth Edges Up to 1.1% in Q1 2026, Slightly Above Previous Quarter

The United Kingdom’s gross domestic product grew by 1.1% year-over-year in the first quarter of 2026, marginally higher than the 1.0% annual pace recorded in the fourth quarter of 2025. The latest figure, updated on 14 May 2026, points to a modest acceleration in the UK’s economic expansion as the new year began.

Both the current and previous readings are based on year-over-year comparisons, measuring the change in each quarter against the same quarter a year earlier. The small uptick from 1.0% to 1.1% suggests that while the UK economy continues to expand only gradually, it has maintained a stable growth trajectory into early 2026.

For market participants and policymakers, the data indicate a slightly firmer backdrop but not a dramatic shift in momentum. The incremental improvement could support expectations of a cautiously optimistic outlook, pending further quarters’ data to confirm whether this mild acceleration can be sustained.