UK Economy Rose O.1% in Third Quarter as Budget Looms

UK Economy Rose O.1% in Third Quarter as Budget Looms



UK Economy Rose O.1% in Third Quarter as Budget Looms
UK economic growth almost ground to a halt in the third quarter after September’s activity was hit by a cyberattack on Jaguar Land Rover and the fear of looming tax hikes in the Labour government’s upcoming budget. Gross domestic product rose just 0.1% compared with 0.3% in the second quarter, the Office for National Statistics said Thursday. Dan Hanson of Bloomberg Economics has more. (Source: Bloomberg)


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