UK economy uncertain despite unexpected growth in November

Services sector grew by 0.2% while the manufacturing fell by 0.5%

Valeria Martinez
clock • 2 min read

While figures from the Office for National Statistics (ONS) show unexpected economic growth in November, concerns around the stability of the British economy persist.

Following the slight 0.1% bounce back seen in October, UK gross domestic product (GDP) 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.  ONS director of economic statistics Darren Morgan 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 Cup...

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 Economics / Markets

Partner Insight: Tariffs are here to stay. What's next for investors?

Partner Insight: Tariffs are here to stay. What's next for investors?

The current outlook for US tariffs is complex and their full impact on growth remains to be seen. Columbia Threadneedle Investments explores what advisers need to know, key events to keep top of mind and how to navigate the uncertainty.

Columbia Threadneedle Investments
clock 23 October 2025 • 5 min read
IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

Think tank urges chancellor to avoid 'limping from one forecast to the next'

Linus Uhlig
clock 16 October 2025 • 2 min read
Why higher bond yields aren't causing a Mini-Budget meltdown

Why higher bond yields aren't causing a Mini-Budget meltdown

'One thing we know about Rachel Reeves is she will live or die by her fiscal rules'

Laith Khalaf
clock 07 October 2025 • 5 min read