Figure comes as people began Christmas shopping, while World Cup gave pubs and bars a boost
The UK economy grew by 0.1% in November as consumers headed to the shops in the run-up to Christmas and pubs and bars enjoyed a boost from the World Cup.
It was a slowdown compared with 0.5% growth in October, when the economy rebounded from a weak September, when many businesses closed for the Queen’s funeral. It was, however, better than forecasts, with City economists predicting the economy would shrink by 0.2 % in November.
Figure comes as people began Christmas shopping, while World Cup gave pubs and bars a boostThe UK economy grew by 0.1% in November as consumers headed to the shops in the run-up to Christmas and pubs and bars enjoyed a boost from the World Cup.It was a slowdown compared with 0.5% growth in October, when the economy rebounded from a weak September, when many businesses closed for the Queen’s funeral. It was, however, better than forecasts, with City economists predicting the economy would shrink by 0.2 % in November. Continue reading…
