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Gonzalez, J. (2026, November 12). UK and Germany expected to beat growth forecasts. Semafor. https://www.semafor.com/article/11/12/2026/uk-and-germany-are-expected-to-beat-growth-forecasts-despite-headwinds
Gonzalez, Jeronimo. “UK and Germany expected to beat growth forecasts.” Semafor, 12 Nov. 2026, https://www.semafor.com/article/11/12/2026/uk-and-germany-are-expected-to-beat-growth-forecasts-despite-headwinds.
Gonzalez, Jeronimo. “UK and Germany expected to beat growth forecasts.” Semafor, November 12, 2026. https://www.semafor.com/article/11/12/2026/uk-and-germany-are-expected-to-beat-growth-forecasts-despite-headwinds.
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As of November 12, 2026, the UK economy grew by 0.7% in the third quarter, marking its fastest quarterly growth rate in more than two years, according to the Office for National Statistics (ONS). This growth came despite high oil and gas prices, driven primarily by increased spending on AI and defense. The hospitality and healthcare sectors also benefited from a spending boost over the summer. Prime Minister Andy Burnham welcomed the figures, noting they bring hope for the future despite global cost pressures. The consultancy sector was a significant driver of this growth, with firms investing in technology and data solutions.
6 outlets covered “UK Economy Grows At Fastest Rate”.
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The UK and Germany are both projected to exceed previous growth forecasts despite broader economic headwinds and stagnation in Europe. The UK reported its fastest quarterly growth in years due to AI-driven spending, consumer resilience against energy shocks, and a growing green energy industry. German experts project the economy will grow at more than twice the rate expected in the spring, driven by significant…
UK and Germany expected to beat growth forecasts (this article)The UK economy grew by 0.7% in the third quarter between July and September 2026, according to the Office for National Statistics (ONS), marking its fastest quarterly rate since early 2024. This growth was largely driven by a surge in tech services linked to AI adoption and cloud computing, with computer programming and consultancy growing by 4.4%. Prime Minister Andy Burnham welcomed the figures but acknowledged…
UK economy grows at fastest quarterly rate in more than two years →7 articles from Evening Standard on this storyThe UK economy has exceeded expectations with 0.7% growth in the third quarter of the year, surpassing predictions of a slowdown. Labour’s industrial strategy, known as IS-8, has been credited for this growth, focusing on sectors like advanced manufacturing, clean energy, and digital technologies. However, critics argue that this growth is not organic and may be at the expense of other industries. Treasury ministers…
How Labour policy is determining the UK economy’s winners – and losers →3 articles from City A.M. on this storyThis analysis explores why the UK economy defied gloomy forecasts to grow by 0.7% in the third quarter, marking its fastest expansion in two and a half years. The report highlights that AI-related spending contributed approximately 0.3%-0.4% to GDP growth this year, with IT and professional services driving much of the momentum. While household consumption rose by 1.6% so far this year, the author warns that…
AI helped the UK defy expectations – but will Britain’s resilience fizzle out? →2 articles from The Guardian on this storyThe 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 →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 →
