Shan Ahmed Khan

Britain’s economy expanded by 0.3% in November compared to October, official data revealed on Thursday, driven in part by a bounce back in car manufacturing. GDP, which tracks the total output of goods and services, had dipped 0.1% in October, while September’s figure was revised slightly higher to a 0.1% increase. Looking at the three months through November, GDP edged up 0.1%, with services climbing 0.2% and construction sliding 1.1%. November alone saw services rise 0.3%, production jump 1.1%, and construction drop 1.3%. The stronger-than-expected data caught attention amid ongoing speculation about the timing of the Bank of England’s next rate cut. Economists surveyed by Reuters had predicted a modest 0.1% increase in November. Sterling jumped briefly after the numbers came out, Reuters noted, even as markets still price in two quarter-point rate cuts this year. Deutsche Bank’s Sanjay Raja suggested the economy might “outpace forecasts in early 2026,” as uncertainty around the budget fades.