- UK real household disposable income per head fell by 0.8% in Q1 2026, indicating that residents had less money available after taxes despite broader economic expansion.
- The UK economy grew by 0.6% in the first quarter of 2026, the highest rate among G7 countries during that period.
- The household saving ratio declined by 0.7 percentage points to 8.9%, suggesting that rising living costs forced consumers to reduce their savings.
Quotes
“Our latest set of figures show no revision to economic growth in the first quarter of this year. However, growth for 2025 was revised down a l”