The Office for National Statistics announced that the UK economy expanded by 0.3% in November 2025, beating market expectations and reversing October’s contraction. Economic growth was driven by a rebound in manufacturing output. In particular, vehicle production saw a strong uplift as output recovered following earlier disruptions caused by the cyber-attack on JLR. On a broader three-month basis, the economy grew by 0.1%, suggesting an actual modest recovery. Despite these encouraging signs, the data highlights ongoing challenges and continued uncertainty around consumer and business confidence. With inflation pressures easing and growth still fragile, all eyes are now on the Bank of England’s next interest rate review. Markets and policymakers alike will be watching closely for signals on whether borrowing costs will be adjusted in response to the evolving economic backdrop.