UK economy expands by 0.3 pct in November: ONS

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UK economy expands by 0.3 pct in November: ONS

STORY: UK economy expands by 0.3 pct in November: ONS SHOOTING TIME: file DATELINE: Jan. 13, 2024 LENGTH: 00:01:23 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in London STORYLINE: The United Kingdom's (UK) economy expanded by 0.3 percent month-to-month in November 2023, following a fall of 0.3 percent in October, the Office for National Statistics (ONS) said on Friday. Services output grew by 0.4 percent in the month and was the main contributor to the monthly growth, according to the ONS. Production output rose by 0.3 percent while the construction sector fell by 0.2 percent. The country's gross domestic product (GDP) bounced back in November, led by services with retail, car leasing and computer games companies all having a buoyant month, ONS chief economist Grant Fitzner said. In the three months to November, the country's GDP fell by 0.2 percent. Widespread falls were recorded across manufacturing industries, which were partially offset by the increases in public servi

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