UK Economy Rose O.1% in Third Quarter
Affected assets and topics
Why it matters
The UK economy experienced a slowdown in the third quarter, with a 0.1% growth rate, mainly due to a cyberattack on Jaguar Land Rover and concerns over tax hikes. This marks a decrease from the 0.3% growth in the second quarter. The economic activity was impacted by external factors rather than a fundamental shift in the economy.
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Expected market reaction
Market impact analysis based on neutral sentiment with 64% confidence.
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Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 10168
Original source
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.
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Original article published by Bloomberg on November 13, 2025. Analysis and insights provided by AnalystMarkets AI.