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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

HMRC guidance on VAT recovery on pension investment costs, DB surplus flexibility consultation, GMP conversion tax changes

Professional Pensions
clock 12 June 2026 • 1 min read
AE reform could unintentionally widen gender pensions gap, PEG says

AE reform could unintentionally widen gender pensions gap, PEG says

PEG’s report calls for the introduction of a financial safety net before any AE changes are made

Martin Richmond
clock 12 June 2026 • 5 min read
UK Pensions Awards 2026 — The Winners

UK Pensions Awards 2026 — The Winners

Recognising excellence among schemes, consultants, asset managers and providers

Jonathan Stapleton
clock 12 June 2026 • 3 min read
Trustpilot