{
  "id": 19709223,
  "title": "UK economy grows at fastest quarterly rate in over 2 years",
  "url": "https://urgent.news/2026/11/12/uk-economy-grows-at-fastest-quarterly-rate-in-over-2-years",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T21:28:00.000Z",
  "source": {
    "name": "Qatar Tribune Business",
    "slug": "qatar-tribune-business",
    "url": "https://www.qatar-tribune.com/article/264115/business/uk-economy-grows-at-fastest-quarterly-rate-in-over-2-years"
  },
  "original_language": "en",
  "account": "The UK economy experienced its strongest quarterly growth since early 2024, according to the Office for National Statistics (ONS). Gross domestic product (GDP) expanded by 0.7 percent in the third quarter, up from 0.5 percent growth in the previous two months. This surge was largely driven by the services sector, particularly the computer programming and AI industries. The sectors related to AI and cloud computing saw a 4.4 percent increase in turnover, making them the primary contributors to GDP growth in 2026. Despite global challenges such as the Middle East conflict, British businesses demonstrated resilience, reflecting a broader AI spending boom as companies prioritize investments in their technology systems. Manufacturing activity also contributed to the production sector's growth, particularly in the production of computers and electronic items. However, the construction sector continued to struggle, with a 0.7 percent decline in GDP for the third quarter. Prime Minister Andy Burnham welcomed the economic growth, emphasizing the government's focus on reducing living costs, creating jobs, and supporting local businesses. Chancellor John Healey highlighted Britain's standout resilience in the face of global economic headwinds.",
  "summary": "PA Media/dpaLondonThe UK economy has grown at its fastest quarterly rate since the start of 2024 following a boost from tech servicesand AI.The Office for National Statistics (ONS)...",
  "key_points": [
    "UK economy grew 0.7% in Q3 2026, fastest since early 2024",
    "Services sector, especially AI and cloud computing, drove growth",
    "Construction sector declined 0.7%, amid global economic challenges"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}