UK economy returned to growth in November, driven by services – business live
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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