Business · 15 January 2026
UK Economy Grows 0.3% in November as Services Lead Recovery
The UK economy grew by 0.3% in November, official figures showed, ending fears of a near-term recession. Expansion was driven by services, particularly hospitality and retail, while manufacturing output fell and construction was flat. The data offers limited relief for the government as living costs remain high and growth weak overall. Economists say the uptick may shape expectations for interest-rate cuts in 2026, but warn momentum is fragile amid global uncertainty and political pressure ahead of the spring budget debate.
Reported by Sky News · How we write briefs