UK Economy Grew Slightly in November, Defying Expectations of Slump

The City of London financial district can be seen as people walk along the south side of the River Thames, in London, on March 19, 2021. Henry Nicholls/Reuters

The UK economy grew slightly in November, beating expectations of a slump and reducing the risk of the country entering a recession.

According to the latest data from the Office for National Statistics (ONS), Britain’s gross domestic product (GDP) grew by 0.1 percent in the month, as the services sector remained in growth despite the soaring cost of living.