UK GDP growth falls to six-month low

Expanded 0.3% in the three months to November

Tom Eckett
clock • 1 min read

UK GDP expanded by 0.3% in the three months to November, down from 0.4% in the three months to October and the weakest growth in six months.

According to the Office for National Statistics (ONS), on a monthly basis GDP increased by 0.2% in November, up from 0.1% in October. The increase in monthly growth was driven by construction, which expanded by 0.6% and services, which increased 0.3% mainly due to retail sales following a boost from Black Friday. Meanwhile, UK manufacturing fell for a fifth straight month in November, contracting 0.3%, the longest losing run since the 2008/9 Global Financial Crisis. ONS head of national accounts Rob Kent-Smith said: "Growth in the UK economy continued to slow in the three months to...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read
Four key questions to guide informed investment decisions

Four key questions to guide informed investment decisions

Does the story make sense?

Gabriel Sacks
clock 12 June 2025 • 4 min read
Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read