Pakistan, Aug. 14 -- The UK economy grew by 0.3 percent in the second quarter of 2025, surpassing analysts' expectations of 0.1 percent, official data showed on Thursday. However, the figure marks a slowdown from the 0.7 percent growth recorded in the first quarter. The weaker pace was linked to the impact of US tariffs and higher domestic business taxes introduced in April, which weighed on production.

Finance Minister Rachel Reeves welcomed the stronger-than-expected result, calling it a "positive" sign following a solid start to the year. However, she acknowledged that more work is needed to build an economy that benefits working people. The Labour government has faced challenges in its first year, as economic growth remains modest an...