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UK economy expands by 0.7 percent in third quarter

Outlets agree that official figures show the UK economy grew 0.7% in the third quarter, marking its fastest pace in over two years with support from AI adoption.

Modern skyscrapers behind historic london buildings
Illustrative photo · Daniel Höhe / Unsplash

At a glance

  • Gross domestic product in the UK grew by 0.7% from July to September.123
  • Official figures indicate this quarter marked the fastest economic expansion in over two years.12
  • The growth was boosted in part by increased activity in artificial intelligence services.13

The UK economy grew by 0.7% during the third quarter, which spans July through September.123

According to official figures, this period marked the nation's fastest economic expansion in over two years.12

Reporting indicated that the rollout and expansion of artificial intelligence services helped drive the increased activity.13

Where sources agree

  • UK economy grew 0.7% in third quarter3 of 3
  • Growth was fastest in over two years2 of 3
  • AI services boosted economic activity2 of 3

Who covered this

2 International1 National

Sources

  1. 1The GuardianAI helps UK economy grow at fastest pace for more than two years ↗
  2. 2BBC NewsUK economy grows at fastest rate for more than two years ↗
  3. 3CNBCUK economy expands 0.7% in third quarter as AI provides 'extra engine of growth' ↗

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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