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UK economy grows for first time in three months

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* The UK economy grew for the first time in three months.
* The construction and services sectors drove the marginally positive rate of growth for November.
* The return to growth will be a welcome sign for the government after recent turbulent financial markets drove its borrowing costs to the highest level for years and the pound fell.
* However, economic growth was muted, with just a 0.1 percent expansion.
* The figure of 0.1 percent rise was lower than economists had been expecting.
* Manufacturing and services industries declined along with business services.
* Pay rises and businesses creating new positions may be unlikely going forward due to tax hikes impacting businesses.
* Chancellor Rachel Reeves will meet authorities to discuss opportunities for economic progress.
* Economist Liz Martins views the economy sentiment as having very deteriorated these months.
The estimated monthly Gross Domestic Product in the UK are as follows

Nov 22 (0%)

Dec 23 (-0-4%)

Dec 23
Jan 04
Feb +0.%

Apr + %

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