Based on information from the Workplace for Nationwide Statistics immediately (13 December), month-to-month providers output confirmed no development in October, having additionally flatlined in September, however grew by 0.1% within the three months to October 2024.
Equally, actual GDP is estimated to have grown by 0.1% within the three months to October, led by elevated output from the providers and building sectors throughout this era.
This got here in stark distinction to market expectations, as CBI economists had forecast development of 0.1% for the UK financial system in October.
BoE warns of rising sovereign debt affect on UK monetary sta…
