Having posted negative growth in Q2 this year, the UK economy was in danger of slipping into recession if the situation didn't see a turnaround for the third quarter. As the latest figures
released by the Office for National Statistics today show, there was indeed a rebound, albeit somewhat muted by the ongoing uncertainty surrounding Brexit. Q3 saw GDP
growth of 0.3 percent.
Commenting on the result, an ONS Statistician said: “GDP grew steadily in the third quarter, mainly thanks to a strong July. Services again led the way with construction also performing well. Manufacturing failed to grow as falls in many industries were offset by car production bouncing back following April shutdowns.