0.3% GDP growth fails to alleviate 'precarious' economic situation

The latest Office for National Statistics data shows the UK services sector provided the majority of the growth for the month, with services output up 0.4%, following a 0.1% fall the previous month. Production output also reverse its contraction in October and grew by 0.3% in November. Economists had forecast 0.2% growth for the period, putting the data above expectations. The overall GDP growth was a reverse of the 0.3% contraction seen in October, making UK growth flat over the two consecutive periods. Despite this uplift to growth it still "leaves an awful lot of pressure on ...