UK economic growth slows as GDP rises just 0.1% – what it means for your money

UK economic growth slowed between July and September, according to official data, in a blow to Chancellor Rachel Reeves.

Gross domestic product (GDP) grew by 0.1% over the period, versus 0.5% growth between April and June, the Office for National Statistics (ONS) said.

The estimate was behind economist predictions of 0.2%, which came after Labour unveiled a rise in government spending and business taxes in the Autumn Budget last month.