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UK economy grew by better-than-expected 0.3% in November

By Thomson Reuters Jan 15, 2026 | 1:03 AM

LONDON, Jan 15 (Reuters) – Britain’s economy grew by a ‍better-than-expected 0.3% in November, official data showed on Thursday.

Economists polled by Reuters had ‌forecast that British ‌gross domestic product would expand by 0.1% on a month-on-month basis.

Finance minister ​Rachel Reeves announced her annual ‍budget statement ​on November 26, ​ending months of ‍speculation about possible tax increases that weighed on the economy.

The Bank of England ‍expects Britain’s economy to have shown zero growth ‍in ‍the October-to-December ​period of 2025 ​although ⁠it thinks underlying ‌growth is running at about 0.2% a quarter.

(Writing by William Schomberg; Editing by Muvija ⁠M)