UK economy posts 0.3% growth in November, beating estimates
By CNBC
February 8, 2026, 4:27 PM EST
0
Views
0
Views
Listen to this article
London, UK (CNBC) — The U.K. economy surpassed expectations with a 0.3% growth in November, driven by increases in services and production. Construction, however, saw a decline of 1.3% during the same period.
Economic Recovery and Outlook
Experts anticipate a strong economic rebound in 2026, with the Bank of England likely to continue cutting interest rates. Household spending is expected to increase, supporting growth despite potential risks in the labor market. GDP growth for 2026 is projected at 1.1%, with quarterly growth estimated at 0.35%.
