"The economy continued to grow slowly in the last three months of the year, with the growth rate unchanged from the previous quarter. The often-dominant services sector showed no growth, with the main driver instead coming from manufacturing. Construction, meanwhile, registered its worst performance in more than four years. The rate of growth across 2025 as a whole was up slightly on the previous year, with growth seen in all main sectors."
"This is an utter failure for a government that is so vocal about prioritising growth. They need to act quickly to turn this around. That means at the very least to stop sliding in the wrong direction with growth-damaging measures like business tax rises and the Employment Rights Act. The tax and spending burden needs to fall, and massive deregulation and supply-side reform is required to unlock our economy and get Britain growing again."
Fourth-quarter GDP rose 0.1%, matching the previous quarter's 0.1% growth. December output increased 0.1%, down from 0.2% in November. Annual growth for 2025 reached 1.3%, up from 1.1% the year before. The services sector showed no growth in the final quarter, while manufacturing provided the main contribution to GDP growth. Construction recorded its worst performance in over four years. Overall growth across 2025 was slightly higher with all main sectors expanding. Economic commentary described the situation as stagnation for much of the year and urged tax reductions, deregulation and supply-side reform to restore stronger growth.
Read at London Business News | Londonlovesbusiness.com
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