UK dodges recession with surprise 0.2% September growth

The Office for National Statistics said today (10 November), that September's growth was driven by a 0.2% expansion in services output, largely from professional, scientific and technical activities, as well as human health and social work activities. Meanwhile, the construction sector saw a turnaround, increasing by 0.4% in September 2023 after a fall of 0.8% in August. Andrew Bailey warns of risks to world economy posed by 'fragmentation' Michael Field, Europe market strategist at Morningstar, said: "Manufacturing usually takes the rap for slow economic growth in the UK, and righ...