The United Kingdom economy expanded by 0.7% during the third quarter, marking its most rapid pace of expansion in two and a half years according to official figures. The Office for National Statistics reported that the July-to-September period demonstrated robust economic momentum, driven largely by widespread and sustained gains across the domestic services sector.
This quarterly performance, alongside a 0.2% monthly growth rate recorded for September, highlights resilience among both households and enterprises in the face of elevated energy costs, particularly high oil and gas prices.
