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2w ago

UK GDP Rebounds 0.3% in November as Services Strengthen and JLR Restarts

ONS figures point to a one‑month lift that masks weak underlying growth into year‑end.

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Workers cross London Bridge during the morning rush-hour with skyscrapers of the City of London financial district seen behind, in London, Britain, December 16, 2025. REUTERS/Toby Melville/File Photo
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Overview

  • The economy grew 0.3% in November versus October, beating forecasts, while growth over the three months to November was just 0.1%.
  • Services led the improvement and manufacturing picked up as Jaguar Land Rover restarted production following its cyberattack shutdown.
  • Construction contracted again, posting its largest three‑month decline in nearly three years, ONS data show.
  • Private‑sector surveys indicate pre‑Budget speculation weighed on confidence, with firms delaying spending and investment decisions.
  • More recent indicators suggest December cooled, including over 33,000 announced job cuts and a 1.7% year‑on‑year drop in card spending reported by Barclays.