Claims extracted
11
sentences that state something as happening or true
Uncertain
18%
2 of 11 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
6
Economy/Business
Same framing elsewhere
2
articles that frame the event the way this one does
UK economic growth is expected to have accelerated in the third quarter as a spending drive on AI and defence helps stave off a cost-of-living slowdown.
asserted
drive → expect → slowdown
Economists are expecting to see growth pick up to 0.7% for the third quarter – between July and September – following growth of 0.5% in the second quarter.
asserted
growth → expect → quarter
Growth has been boosted by business investment, with spending on areas such as technology, infrastructure and defence becoming a key source of growth in the economy, experts think.
asserted
experts → boost → economy
The AI spending boom was a contributor to higher GDP in July, with the ONS revealing that many of the businesses reporting the largest turnover were involved in activities related to AI and cloud computing.
asserted
many → reveal → AI
Sanjay Raja, chief UK economist for Deutsche Bank, said there were a few key sectors that were boosting business investment – data centres and IT, defence and aircraft.
asserted
that → say → investment
“Consumers have also been out in force, despite the energy shock,” he said.
asserted
he → say → shock
“And businesses have remained fairly confident regardless of still-elevated geopolitical uncertainty.”
Economists are expecting growth in other areas of the economy such as hospitality, which benefited from a spending boost over the summer, and healthcare activity.
asserted
which → remain → summer
That could be helping offset weaknesses in sectors that are more likely to be squeezed by higher energy prices and borrowing costs, such as manufacturing and construction.
uncertain
that → help → manufacturing
But Mr Raja cautioned that growth is set to slow over the final quarter of 2026 as higher inflation and interest rates begin to weigh.
asserted
inflation → caution → 2026
Read More
“Looking ahead, we expect the UK economic growth story to have cooled a bit,” he said.
asserted
he → read → More
But he said there had been “surprisingly resilient” survey data into November and added that pre-Budget uncertainty was kept to a minimum this year, which may have kept business activity more stable.
uncertain
which → say → activity