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UK economy grows 0.7% in the third quarter driven by AI demand

FinanceInternationalEuronews.comAI summary
Image: Euronews.com

The British economy grew 0.7% between July and September, compared with the revised 0.5% in the second quarter, according to the ONS. GDP was 1.9% higher than a year earlier. Services grew 0.9% and computer programming, consultancy and related activities 4.4%, with signs that many companies reporting the largest revenue increases are linked to artificial intelligence and the cloud. Industrial output rose 0.1% and construction fell 0.7%.

In 35 seconds

  • UK GDP grew 0.7% in the third quarter and 1.9% year on year, according to the ONS
  • Computer programming and consultancy services grew 4.4% and the ONS identifies them as the biggest driver of GDP in 2026
  • Manufacturing output rose 0.9%, driven by a 4.6% increase in computer, electronic and optical products
Read the full story at Euronews.com

IASummary generated by artificial intelligence from a story by Euronews.com. It may contain errors: the original source prevails.

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