UK economy swings back to 0.1% growth in November 2024

Real GDP showed no growth in the three months to November

Cristian Angeloni
clock • 3 min read
Chancellor Rachel Reeves faced criticism this week following calls for her to act to quell the surge in UK gilt yields
Image:

Chancellor Rachel Reeves faced criticism this week following calls for her to act to quell the surge in UK gilt yields

Monthly real gross domestic product (GDP) grew by 0.1% in November 2024, aided by growth in services following a 0.1% fall the previous month.

According to data from the Office for National Statistics (ONS) today (16 January), real GDP is estimated to have shown no growth in the three months to November compared with the previous three-mo...

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

Two in five SMEs open to switching pension provider

Two in five SMEs open to switching pension provider

People’s Pension finds one third say lower investment performance biggest trigger for switching

Jasmine Urquhart
clock 20 March 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

House of Lords votes to remove mandation power from bill, TPR DC research, Standard Life results

Professional Pensions
clock 20 March 2026 • 1 min read
Industry praises House of Lords decision to remove mandation power from bill

Industry praises House of Lords decision to remove mandation power from bill

Industry says power to dictate pension scheme asset allocation is ‘unnecessary’

Holly Roach
clock 20 March 2026 • 3 min read
Trustpilot