Story perspectives

Britain's Economy Grows 0.3% Amid Cautious Optimism

1/15/2026

38 3

Summary

Story summary

Britain's economy grew 0.3% in November, driven by a recovery in Jaguar Land Rover production after a cyberattack.
Industrial output rose 1.1%, led by a 25% jump in car production.
Despite the rebound, businesses remain cautious about investment, with a survey showing rising pessimism.
Economists expect growth in early 2026, aided by lower inflation and stronger household spending, while the IMF projects 2026 growth at 1.3%, below pre-financial-crisis levels.

1 of 1

Story summary

Britain's economy grew 0.3% in November, driven by a recovery in Jaguar Land Rover production after a cyberattack.
Industrial output rose 1.1%, led by a 25% jump in car production.
Despite the rebound, businesses remain cautious about investment, with a survey showing rising pessimism.
Economists expect growth in early 2026, aided by lower inflation and stronger household spending, while the IMF projects 2026 growth at 1.3%, below pre-financial-crisis levels.