Business & Finance
AI helped the UK defy expectations – but will Britain’s resilience fizzle out?
The Guardian World
Thursday 12 November 2026, 12:37 UTC
By Richard Partington Senior economics correspondent
1 min read
Key Points
Despite John Healey’s defiance, the economy faces threats from a tech slowdown and energy bills this winterAI helps UK economy grow at fastest pace for more than two yearsThe forecasters were clear when John Healey became chancellor in July: Britain’s resilience to the war in the Middle East would not last. The global economic headwinds were too strong, inflation was beginning to rise and growth would slow to a trickle. Four months into the job, the economy is continuing to defy expectations...
Despite John Healey’s defiance, the economy faces threats from a tech slowdown and energy bills this winter
The forecasters were clear when John Healey became chancellor in July: Britain’s resilience to the war in the Middle East would not last. The global economic headwinds were too strong, inflation was beginning to rise and growth would slow to a trickle.
Four months into the job, the economy is continuing to defy expectations after growing by 0.7% in the third quarter – the fastest expansion in two and a half years – leaving the UK as the second-fastest growing G7 economy this year.
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Originally published by The Guardian World
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