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UK's economy grew at a slower pace in the second quarter, with the national statistics office saying output remained obust despite domestic political unrest and the fallout from the US-Iran war. Gross domestic product increased 0.4 per cent in the April-June period, after expanding 0.6 per cent in the first quarter, the Office for National Statistics (ONS) said in a statement on Thursday. Keir Starmer resigned a prime minister in late June and was replaced around one month later by Andy Burnham

UK GDP grew 0.1 per cent in May after shrinking 0.1 per cent in April. Services kept the economy in positive territory, while manufacturing and construction weakened. Economists say the recovery remains fragile as the Iran conflict continues to push up energy costs. The UK economy returned to growth in May, offering a modest boost after April's contraction. But the latest UK GDP figures also point to an economy still struggling with rising energy costs, weaker industrial activity and growing unc