Trending
The latest monthly figures show that GDP grew by 0.1% in November, partly driven by better trading for pubs, restaurants and the construction industry.
This was the first growth for three months after the economy shrank in both September and October, but was lower than economists had expected.
In December 2024, the influential think tank the Organisation for Economic Co-operation and Development (OECD) cut its growth forecast for the UK for 2024.
It now expects the UK economy will have grown by 0.9% across the year as a whole, down from its previous prediction of 1.1%.
That would make it the fourth best performer in the G7 group of rich nations, according to the OECD, external, behind the US, Canada and France, but ahead of Italy, Germany and Japan.
However, economic forecasts are not always accurate.
The latest monthly figures show that GDP grew by 0.1% in November, partly driven by better trading for pubs, restaurants and the construction industry.
This was the first growth for three months after the economy shrank in both September and October, but was lower than economists had expected.
In December 2024, the influential think tank the Organisation for Economic Co-operation and Development (OECD) cut its growth forecast for the UK for 2024.
It now expects the UK economy will have grown by 0.9% across the year as a whole, down from its previous prediction of 1.1%.
That would make it the fourth best performer in the G7 group of rich nations, according to the OECD, external, behind the US, Canada and France, but ahead of Italy, Germany and Japan.
However, economic forecasts are not always accurate.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
The Us Media 2025
