UK Economy Rose O.1% in Third Quarter
UK economic growth almost ground to a halt in the third quarter after September’s activity was hit by a cyberattack on Jaguar Land Rover and the fear of looming tax...
By Bloomberg Markets · Bloomberg Markets
UK economic growth almost ground to a halt in the third quarter after September’s activity was hit by a cyberattack on Jaguar Land Rover and the fear of looming tax hikes in the Labour government’s upcoming budget. Gross domestic product rose just 0.1% compared with 0.3% in the second quarter, the Office for National Statistics said Thursday. Dan Hanson of Bloomberg Economics has more.