UK economy returned to growth in October with 0.5% rise in GDP – business live

Rolling coverage of the latest economic and financial news, including October’s GDP report at 7am

Breaking: The UK economy returned to growth in October.

GDP is estimated to have grown by 0.5% in October 2022, the Office for Budget Responsibility reports, following a fall of 0.6% in September 2022, which was affected by the additional bank holiday for the State Funeral of HM Queen Elizabeth II.

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