UK Economy Experiences Modest Growth in November, Lower Than Expected

Reported about 9 hours ago

The UK economy grew by 0.1% in November, marking the first increase in three months, according to the Office for National Statistics. However, this growth fell short of the 0.2% anticipated by economists. While the services sector saw slight gains, production declined, and concerns about stagnation persist, with analysts projecting that the UK could face no growth in the latter half of 2024 due to budget uncertainties and rising costs impacting consumer spending.

Source: YAHOO

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