UK GDP grew 0.7% in Q3 as AI investment cushions a resilient economy
UK GDP grew 0.7% in the third quarter, the Office for National Statistics reported on November 12, a beat that seems at odds with the grimmer export and budget headlines dominating the country's financial pages. The expansion, measured quarter on quarter in chained volume terms in the ONS quarterly national accounts, was built in part on investment tied to artificial intelligence, which the ONS said provided an extra engine of growth for the economy. The number matters beyond the headline: it changes what investors expect of the Bank of England, the pound and the gilt market.
Key Takeaways UK GDP grew 0.7% in Q3 2026 quarter on quarter, per the ONS quarterly national accounts released Novembe…
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