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BBC News. (2026, November 12). UK economy grows at fastest rate for more than two years. BBC News. https://www.bbc.co.uk/news/articles/ck3rgd429zd5o?at_medium=RSS&at_campaign=rss
BBC News. “UK economy grows at fastest rate for more than two years.” BBC News, 12 Nov. 2026, https://www.bbc.co.uk/news/articles/ck3rgd429zd5o?at_medium=RSS&at_campaign=rss.
BBC News. “UK economy grows at fastest rate for more than two years.” BBC News, November 12, 2026. https://www.bbc.co.uk/news/articles/ck3rgd429zd5o?at_medium=RSS&at_campaign=rss.
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As of November 12, 2026, the UK economy grew by 0.7% between July and September, marking its fastest growth rate in over two years according to official figures from the Office for National Statistics (ONS). This acceleration follows a previous quarter's growth of 0.5%, driven primarily by increased business investment in areas such as technology, infrastructure, and defense. The AI sector notably contributed significantly to higher GDP in July, with many businesses reporting substantial turnover related to AI and cloud computing activities. Despite elevated energy prices due to the Iran war, consumer spending remained robust, supporting sectors like hospitality and healthcare. Economists attribute this resilience partly to government initiatives aimed at mitigating cost-of-living pressures.
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The UK economy grew by 0.7% between July and September, marking its fastest growth rate in over two years, according to official data. This acceleration indicates a more resilient consumer sector than previously anticipated during the summer months.
UK economy grows at fastest rate for more than two years (this article)The UK economy is expected to have grown by 0.7% in the third quarter (July-September), up from 0.5% growth in the second quarter. This uptick is attributed to increased business investment in technology and defense, particularly artificial intelligence and cloud computing, which has helped counteract economic pressures due to high energy costs. Sanjay Raja of Deutsche Bank highlights sectors like data centers, IT…
UK economic growth expected to have picked up amid AI and defence drive →2 articles from Evening Standard on this storyThe UK economy grew by 0.7 percent between July and September 2026, surpassing initial forecasts due to robust spending despite high energy prices from conflicts in the Middle East. The Office for National Statistics highlighted that growth was largely driven by a strong services sector fueled by AI-related investment, with computer programming experiencing its fastest growth in three years. Economists revised up…
UK economy grows 0.7 per cent as AI boom lifts business investment →The UK economy grew by 0.7 percent from July to September, accelerating from a 0.5 percent growth in the second quarter, according to figures released by the Office for National Statistics. This uptick was driven largely by increased business investment in technology, infrastructure, and defense, which helped mitigate the economic drag caused by higher energy prices due to the conflict with Iran. Chancellor John…
UK economy grows by 0.7 per cent as spending on AI and defence staves off cost-of-living slowdown →
