UK economy grows unexpectedly in November

Up 0.1% from October

Valeria Martinez
clock • 2 min read

The UK economy saw unexpected growth in November, figures from the Office for National Statistics showed today (13 January).

Following the slight 0.1% bounce back seen in October, UK gross domestic product also grew by 0.1% in November. Economists polled by Reuters had forecast that GDP would drop by 0.2% in November. In output terms, the services sector grew by 0.2% while the manufacturing sector fell by 0.5%, while construction remained flat.  Darren Morgan, director of economic statistics at the ONS, said: "The economy grew a little in November with increases in telecommunications and computer programming helping push the economy forward. Pubs and bars also did well as people went out to watch the World ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Early Powell departure could be an 'unexpected gift' for EMs

Early Powell departure could be an 'unexpected gift' for EMs

Trump claims he will replace chair sooner

Eve Maddock-Jones
clock 01 July 2025 • 3 min read
BoE's Andrew Bailey: Pick-up in inflation makes outlook uncertain

BoE's Andrew Bailey: Pick-up in inflation makes outlook uncertain

UK inflation at 3.4%

clock 27 June 2025 • 2 min read
Jerome Powell warns of long term inflation if Trump settles on higher tariffs indefinitely

Jerome Powell warns of long term inflation if Trump settles on higher tariffs indefinitely

Policies' economic impacts ‘uncertain’

Eve Maddock-Jones
clock 25 June 2025 • 3 min read
Trustpilot