UK economy surges 0.7% in Q3, driven by AI and tech spending
The UK economy grew by 0.7% in the third quarter, marking its fastest expansion in over two years, largely driven by AI and technology spending. Despite this boost, concerns mount over rising energy bills and a potential slowdown in tech investment, which could pressure consumer spending in 2024. Analysts predict interest rates may rise as inflation looms.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 12 Nov 2026, 12:37 UTC · Updated 12 Nov 2026, 12:50 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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