UK dodges recession with surprise 0.2% September growth

UK GDP reported no estimated growth in Q3 2023

Elliot Gulliver-Needham
clock • 2 min read
September’s growth was driven by a 0.2% expansion in services output
Image:

September’s growth was driven by a 0.2% expansion in services output

UK GDP grew 0.2% throughout September, dodging an expected recession as Q3 posted no estimated growth between July and September.

The Office for National Statistics said today (10 November), that September's growth was driven by a 0.2% expansion in services output, largely from professional, scientific and technical activitie...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry expects US tariffs to have adverse effect on scheme investments

Industry expects US tariffs to have adverse effect on scheme investments

PP survey finds 76% expect US government’s tariffs to have an adverse effect

Martin Richmond
clock 17 April 2025 • 2 min read
Industry not in favour of using pension savings for house deposits

Industry not in favour of using pension savings for house deposits

PP survey finds most do not agree with allowing early access to pension funds to help buy a house

Holly Roach
clock 17 April 2025 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

LGPS pooling plans rejected, XPS Group pre-close trading update, Aon warning amid market turbulence

Professional Pensions
clock 17 April 2025 • 1 min read
Trustpilot