UK economy grows by 0.3% after grinding to a halt

THE UK economy grew in November in a boost for Rachel Reeves.

The Office for National Statistics (ONS) said Gross Domestic Product (GDP) went up by 0.3% in November.

People walking near the Bank of England in London.
The Office for National Statistics has released its latest monthly GDP dataCredit: Alamy

The news comes after the economy slumped by 0.1% in October and fell by 0.1% in September.

The ONS said that services grew by 0.3%, while production increased by 1.1%.

Meanwhile, construction fell by 1.3%.

Liz McKeown, director of economic statistics at the ONS, said: “The economy grew slightly in the latest three months, led by growth in the services sector, which performed better in November following a weak October.

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“This was particularly offset by a fall in manufacturing, where three-month growth was still affected by the cyber incident that impacted car production earlier in the Autumn.

“However, data for the latest month show that this industry has now largely recovered.”

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