Monday, 4 May 2026

Pound ticks higher as UK GDP growth confirmed as nearly stagnant in Q4

The pound made small advances on the dollar (GBPUSD=X) and euro (GBPEUR=X) on Tuesday morning amid signs of stagnant growth at the end of 2025 and as traders continue to watch the situation in the Middle East.

Sterling recouped some of the losses from Monday’s trade as the Office for National Statistics (ONS) confirmed an earlier estimate that growth stood at 0.1% in the fourth quarter compared with Q3.

Growth was caused by an increase of 1.2% in production, while the construction sector decreased by 2% and the services sector showed no growth, the ONS said.



By Lucy Harley-McKeown

Full story at Yahoo News

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