15 Jan 2026

Growth returns in pre-Budget period – Chamber

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The UK economy rebounded in November with faster-than-expected growth of 0.3 per cent – marking its strongest month since June 2025.

The Office for National Statistics (ONS) said growth was driven by an increase in industrial output - helped by the return to production at Jaguar Land Rover following the cyber-attack at the carmaker.

With the Budget on 26 November, there was also an increase in services driven by activities such as accounting and tax consultancy.

November's growth figure was stronger than analysts' expectations of a 0.1 per cent increase.

Ruth Fleet (pictured), senior policy advisor at Greater Birmingham Chambers of Commerce, said: “The return to gentle growth is a positive sign for the economy, making November the strongest month since June 2025.

“As anticipated, manufacturing saw a 1.1 per cent rise, with the reopening of JLR having a significant stimulus on the sector following its closure over the summer following a cyber-attack. Services also grew, although there was contraction in construction.

“While many businesses will have been relieved that the Autumn Budget did not contain major new taxes rises, many are still lacking confidence to invest and hire.

“The government must focus longer-term on how it can boost this confidence to help stimulate investment and growth.”

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