News in Review Wednesday 20th May 2026

Figures show the UK economy grew 0.3% in March, outline of the King’s Speech, Trump visits Beijing as US inflation soars.

Key takeaways:

  • In the three months to March, UK GDP grew by 0.6%, the largest contribution coming from the services sector
  • Key parliamentary proposals announced last week included reforms to social housing, flat leaseholds, the NHS and police
  • No major policy deals emerged from President Donald Trump’s China visit, while US inflation continues to rise