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AI Drives UK Growth Surge

AI Drives UK Growth Surge

The British economy grew by 0.7% in the third quarter, accelerating from 0.5% in the previous quarter and marking its strongest growth in two and a half years, driven by business spending on adopting artificial intelligence. In September alone, the economy grew by 0.2%, exceeding expectations of no growth. GDP per capita rose by 0.7% over the quarter and 1.7% year on year, while Treasury Secretary John Healey said he hoped to beat growth forecasts again in 2027.

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