0.0 2.0 4.0 6.0 8.0 10.0 12.0 % Infla�on and unemployment CPI Unemployment Source: Office for National Statistics 3 Spring Forecast | 3 March 2026 Economic update The Autumn 2025 Budget took place against a backdrop of UK GDP growth having slowed to just 0.1% in the third quarter, after starting the year with a first quarter reading of 0.7%. Preliminary figures from the Office for National Statistics (ONS), released in mid-February 2026, suggested GDP growth remained at 0.1% in the final quarter and that 2025 GDP growth was 1.3%. In the same month, the ONS also published its usual monthly data on the labour market, inflation and retail sales.
RkJQdWJsaXNoZXIy MjM4MA==