UK economy experiences GDP growth despite caution over Rachel Reeves’s Budget
Britain’s economy expanded by 0.3 per cent in November, following an unrevised fall of 0.1 per cent in October 2025 and a growth of 0.1 per cent in September 2025.
The Office for National Statistics (ONS) confirmed the growth this morning in its latest release of Gross Domestic Product (GDP) figures.
The growth is faster than expected, with City economists projecting growth of just 0.1 per cent.
GDP measures economic growth by calculating the total monetary value of all final goods and services produced within the country, over a specific period.
In the three months to November, GDP grew by 0.1 per cent, after showing no growth in the three months to October.
This has been revised up from a fall of 0.1 per cent in the ONS’s previous publication, and an unrevised growth of 0.1 per cent in the three months to September 2025.
Ms Reeves has been criticised for failing to inject growth into the economy on previous occasions
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Business investment also remained muted ahead of the Autumn Budget in November, compounded by a slowdown in the car industry in the wake of the JLR cyber attack.
Central to the Chancellor’s ambitions has been to stimulate sustained growth in the economy, improve investment, and create jobs.
In fact, this time last year, she said: “For too long, we have accepted low expectations, accepted stagnation and accepted the risk of decline. We can do so much better.
“Low growth is not our destiny. But growth will not come without a fight.
“That’s what our Plan for Change is about. That is what drives me as Chancellor. And it is what I’m determined to deliver.”
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