UK economy grows by 0.1% but 'disappointing drop' in Budget aftermath

By GB News (Politics) | Created at 2024-11-15 07:20:53 | Updated at 2024-11-15 09:29:29 2 hours ago
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The UK economy grew by 0.1 per cent between July and September 2024, according to figurers from the Office for National Statistics (ONS).

Despite showing some economic growth, analysts claim this is a "disappointing drop" from previous boosts to the economy in other quarters.


Chancellor Rachel Reeves has asserted the new Labour Government is committed to growing the economy to improving peoples' lives.

During her Autumn Budget, Reeves outlined her fiscal vision for the country which included raising National Insurance on employers.

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Bank of England

The UK economy grew by 0.1 per cent last quarter

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