Latest GDP figures

Ben Jones, CBI Lead Economist, said: 

“Monthly GDP data has been as changeable as the British weather recently, but looking through the volatility it’s clear that growth remains fairly anaemic. Our business activity surveys have turned down and we're starting to see more of the effects of higher interest rates on the economy, particularly in the labour market.

“Businesses are looking to the Chancellor’s Autumn Statement to set out a clear plan to get the economy firing again, though a focus on measures to mobilise the potential and productivity of the UK workforce, by making full expensing permanent to unlock business investment and grasping the substantive opportunities of the net zero transition.”