UK rate rise more likely as Q3 GDP beats forecasts with 0.4% growth

clock • 2 min read

The UK economy beat forecasts to grow by 0.4% in Q3, according to the latest figures from the Office for National Statistics (ONS), further increasing the likelihood of a Bank of England interest rate rise next Thursday.

Output for the three months to September was higher than the expected 0.3%, which was reported in both Q1 and Q2. Services and manufacturing did well during the quarter, up by 0.4% and 1% respec...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Direction of travel for pensions industry becoming clearer, TPR says

Direction of travel for pensions industry becoming clearer, TPR says

Regulator’s CEO says industry can be ‘more confident’ about the future

Martin Richmond
clock 06 May 2026 • 2 min read
Bulk annuity deals positively impacting sponsor share prices, Aon finds

Bulk annuity deals positively impacting sponsor share prices, Aon finds

Over 80% of companies outperformed the FTSE 100 on the day of announcing a deal

Holly Roach
clock 06 May 2026 • 1 min read
Professional Pensions Live: Two weeks left to register

Professional Pensions Live: Two weeks left to register

Our flagship event will be held on 19 May at Convene, 155 Bishopsgate in London

Jonathan Stapleton
clock 06 May 2026 • 1 min read
Trustpilot