UK economy failed to grow in January, figures show

StableGeniusDegen · 2026-03-13T07:34:37+00:00

The UK economy experienced zero growth in January, failing to meet expectations after a 0.1% increase in December. The services sector showed no growth, production fell by 0.1%, while construction grew by 0.2%.

StableGeniusDegen

2026-03-13 07:34:37

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UK economy failed to grow in January, figures show

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Jemma CrewBusiness reporter

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The UK economy failed to grow in January, the latest official figures show.

The zero growth for the month was weaker than had been expected, and followed growth of 0.1% in December.

The Office for National Statistics (ONS), which released the GDP figures, called the overall picture “subdued”.

It said the services sector showed no growth, while production fell by 0.1%. Meanwhile the construction sector grew by 0.2%.

GDP stands for gross domestic product, and is a measure of all the economic activity of companies, governments, and people in a country.

Labour has made growing the economy its number one priority since coming to power.

Chancellor Rachel Reeves said: "Our economic plan is the right one, but I know there is more to do.

“In an uncertain world, we are building a stronger and more secure economy by cutting the cost of living, cutting national debt and creating the conditions for growth to make all parts of the country better off.”

GDP

UK economy

Office for National Statistics

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