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    Home»Business

    UK economic growth rebounds in November

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    By News Team on January 12, 2024 Business, Business Briefing, News Briefing, UK News
    UK economic growth rebounds in November
    UK economic growth rebounds in November
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    UK economic growth rebounds in November

    The UK’s economy rebounded in November after shrinking during the previous month, according to official figures.

    The economy grew by 0.3% which was both stronger than expected and an improvement on October.

    The Office for National Statistics said the bounce back was led by the services sector, with areas such as retail boosted by Black Friday sales.

    While the monthly growth figure was stronger than expected, the ONS figures also showed that in the three months to November, the economy shrank by 0.2%.

    Economists predict it will be a close call as to whether the UK can avoid a recession.

    featured Main Headlines ONS UK economy UK featured
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