Why did the UK economy slow in the third quarter, and what does it mean? - The PA news agency looks at what fresh GDP figures mean for the wider UK economy, households and the Government.

Economic growth slowed across the UK between July and September, according to the most recent official figures.

The expansion was led by a 0.1% rise in the services sector and a 0.8% increase in construction output, while production fell 0.2% quarter-on-quarter in July-September. On an annual basis, GDP in the UK is estimated to have risen 1% in the third quarter of this year.

Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up.

The U.K. economy grew less than expected in the third quarter of the year, showing only marginal growth following a rebound at the start of the year, initial figures showed Friday. Gross domestic product came in at 0.

The Japanese economy managed to continue growing for a second straight quarter thanks to a recovery in consumption.

Britain's economy grew by a slower than expected 0.1% in the third second quarter of 2024, official figures showed today.

GDP rose only marginally in the third quarter, with prospects for a rebound uncertain as higher government spending and the threat of increased tariffs on exports to the U.S. are likely to push activity in different directions.

The UK economy cooled by more than expected in the third quarter after a surprise contraction in September as anxiety built over the new Labour government’s fiscal plans.