UK economic growth slows sharply in October

Services output overall has returned to pre-pandemic levels

Kathleen Gallagher
clock • 1 min read
UK economic growth slows sharply in October

The UK economy grew by 0.1% in October, falling from 0.6% growth the month before, according to figures from the Office for National Statistics (ONS).

The GDP figure was lower than expected and the ONS highlighted a fall in construction due to higher costs and supply chain issues even before the Omicron strain of coronavirus. Production and co...

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

Rolls-Royce and PIC agree £4.3bn buy-in, seven LGPS funds intend to join Border to Coast, IHT on pensions pre-55 slammed

Professional Pensions
clock 15 August 2025 • 1 min read
Four Access funds formally declare intent to join LGPS Central

Four Access funds formally declare intent to join LGPS Central

Hampshire, Isle of Wight, Norfolk and Suffolk have signalled they wish to join the pool

Holly Roach
clock 15 August 2025 • 2 min read
Good News Corner: Quantum Advisory announces winner of 2025 maths prize

Good News Corner: Quantum Advisory announces winner of 2025 maths prize

Swansea University graduate Jessica Gaule awarded prize in recognition of her final year project

Martin Richmond
clock 15 August 2025 • 3 min read
Trustpilot