US EditionUK economy grew by 0.1% in third quarter, official figures show
- The Office for National Statistics said on November 13, 2025 that GDP grew 0.1% in Quarter 3 2025, but the economy fell 0.1% in September after a cyber attack hit Jaguar Land Rover's factories.
- The cyber attack on JLR in late August sent workers home on Aug. 31, halting production and causing a 2% drop in industrial output with car manufacturing plunging 28.6%.
- Economists had forecast 0.2% growth for the quarter, but ONS data showed the services sector expanded 0.2% while the production sector fell 0.5%, reflecting manufacturing weakness.
- With the Budget on November 26, 2025, Rachel Reeves faces a fiscal shortfall as sluggish growth complicates revenue plans, said Suren Thiru.
- Beyond the quarter, the Bank of England expects a 0.3% rebound, while a cyber attack costing 1.9 billion affected over 5,000 organisations, adding to wider economic concerns.
76 Articles
76 Articles
Cyberattack of Jaguar Land Rover So Bad It Damaged the UK Economy
UK GDP rose just 0.1 per cent in the last quarter, less than expected, with the largest cyber attack in British history blamed by the govt. The post Cyberattack on Jaguar Land Rover So Bad It Has Damaged the UK Economy appeared first on Breitbart.
Cyberattack Stalls UK Auto Industry, Threatens Economic Growth
Cyberattack Stalls UK Auto Industry, Threatens Economic Growth In what is being viewed as a significant impediment to the UK economy, the country's biggest automaker, Jaguar Land Rover, suffered a cyberattack that brought production to a standstill, official figures indicated on Thursday.The Office for National Statistics revealed that the economy grew only by 0.1% from July to September, a sharp decrease from the previous quarter's 0.3%, and be…
Associated Press News
UK growth slows down to a crawl in Q3 ahead of crucial budget
Economic growth in the U.K. slowed down to a near standstill in the third quarter of the year. The statistics released Thursday are a blow to the British government less than two weeks ahead of a crucial budget that is expected to see taxes rise again.
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