UK economy returned to growth in November, driven by services – business live
GDP rose by 0.1% following October’s 0.1% declineServices output grew by 0.1% in November after falling by 0.1% in October, revised lower from no growth, but showed no growth in the three months to November, the ONS said.Production output fell by 0.4%, following October’s fall of 0.6%. It was down by 0.7% in the three months to November, driven by a decline in manufacturing.I am determined to go further and faster to kickstart economic growth, which is the number one priority in our Plan for Change.That means generating investment, driving reform and a relentless commitment to root out waste in public spending, and today I will be pressing regulators on what more they can do to deliver growth. Continue reading...
GDP rose by 0.1% following October’s 0.1% decline
Services output grew by 0.1% in November after falling by 0.1% in October, revised lower from no growth, but showed no growth in the three months to November, the ONS said.
Production output fell by 0.4%, following October’s fall of 0.6%. It was down by 0.7% in the three months to November, driven by a decline in manufacturing.
I am determined to go further and faster to kickstart economic growth, which is the number one priority in our Plan for Change.
That means generating investment, driving reform and a relentless commitment to root out waste in public spending, and today I will be pressing regulators on what more they can do to deliver growth. Continue reading...
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