Interest rate cuts expected after UK GDP edges up 0.1%

According to data from the Office for National Statistics today (12 February), services output showed no growth in the quarter while production output increased by 1.2%. Construction output dropped by 2.1% in the three months to December 2025, the lowest three-month reading since September 2021. Monthly GDP was also up by 0.1%, following a 0.2% rise in November. JP Morgan Personal Investing investment strategist Scott Gardner said recent data hinted that the "UK economy is due a recovery in 2026". He explained: "Manufacturing activity picked up in the first month of the year, wh...