Gross domestic product (GDP) rose by 0.3 per cent in November, after declining by 0.3 per cent in October, according to the Office for National Statistics (ONS), as the prospect of the country entering a recession at the end of the year hangs in the balance.
The uplift was driven by the services sector, which rose by 0.4 per cent during the month, and was the biggest contributor to economic growth.
While growth in November is welcome news, it will be slower as we bring inflation back to its 2 per cent target. But we have seen that advanced economies with lower taxes have grown more rapidly, so our tax cuts for businesses and workers put the UK in a strong position for growth into the future.
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