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Thu, 12 Nov 2026

Thu, 12 Nov 2026 UK economy grows at fastest rate for more than two years

The UK economy grew by 0.7% in the three months to September, according to official figures.
The UK economy has grown at its fastest rate in over two years, expanding by 0.7% between July and September. This growth is attributed to strong performance in the services sector, which includes non-physical goods such as computer programming, consultancy services, hotels, and restaurants. Computer programming saw its fastest growth in three years, driven by cloud computing and AI-linked spending. The boost from computer programming and consultancy services has been the largest contributor to growth so far this year. Despite a war in the Middle East pushing up energy costs, the economy is showing remarkable resilience. However, experts warn that growth may slow if energy markets do not stabilize, particularly with a sharp rise in energy bills forecast for January.