The British economy grew by 0.1 percent in November


The UK economy grew by 0.1 percent between October and November, according to the Office for National Statistics

The Office for National Statistics (ONS) recorded a slowdown in growth after rising 0.5 percent in the previous month.

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Analysts had predicted that the economy would contract by 0.3 percent for November.

Darren Morgan, ONS director of economic statistics, said: “The economy grew a little bit in November, with increases in telecommunications and computer programming propelling the economy forward.

“Pubs and bars also did well as people went out to watch World Cup matches.

“This was partially offset by further declines in some manufacturing sectors, including the often erratic pharmaceutical industry, as well as declines in transportation and mail, partly due to strikes.

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“However, the economy has continued to contract over the past three months, mainly due to the impact of the extra holiday for Her Majesty Queen Elizabeth’s funeral in September.”

More to come…