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"Rachel Reeves has received a new blow after new figures revealed that UK economic growth slowed in the third quarter of the year. According to the Office for National Statistics (ONS), the economy grew by an unrevised 0.1 per cent between July and September while expansion was weaker than first thought in the second quarter, according to official figures. The ONS confirmed growth slowed in the third quarter after the cyber attack at Jaguar Land Rover knocked activity in the manufacturing sector."
The Independent solicits donations to fund on-the-ground journalism across issues such as reproductive rights, climate change, and Big Tech while keeping reporting freely accessible without paywalls. Official Office for National Statistics data show GDP grew by an unrevised 0.1 per cent in Q3, with Q2 growth revised down to 0.2 per cent from 0.3. The third-quarter slowdown followed a cyber attack at Jaguar Land Rover that disrupted manufacturing output. Rachel Reeves, who pledged to prioritise higher economic growth, faces criticism for introducing measures deemed anti-growth, including tax hikes after two Budgets. The ONS also revised up growth for the final quarter of last year.
Read at www.independent.co.uk
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