"The UK economy returned to growth in November, expanding by 0.3 per cent after contracting in the month leading up to the autumn budget, according to figures from the Office for National Statistics. The increase in GDP exceeded economists' expectations of a modest 0.1 per cent rise and suggests that economic activity proved more resilient than many sentiment surveys had indicated in the run-up to the budget on 26 November."
"The rebound was driven by a recovery in manufacturing and services. Car production provided a notable boost after Jaguar Land Rover restarted factory operations following a major cyber attack that had disrupted output earlier in the autumn. The services sector, which accounts for more than three-quarters of UK economic output, expanded by 0.3 per cent in November after shrinking by the same amount in October. Professional, scientific and technical services led the recovery, recording a strong 1.7 per cent monthly increase."
UK GDP expanded by 0.3 per cent in November, reversing a contraction in the month before the autumn budget and beating forecasts of a 0.1 per cent rise. Growth over the three months to November rose 0.1 per cent, surprising expectations of a 0.2 per cent contraction. The rebound was led by manufacturing and services, with car production boosted by Jaguar Land Rover restarting operations after a cyber attack. Services grew 0.3 per cent, led by professional, scientific and technical services (+1.7%). Production rose 1.1 per cent, construction fell 1.2 per cent, and the broader outlook remains fragile but may strengthen in early 2026.
Read at Business Matters
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