Arab Press

بالشعب و للشعب
Monday, Jun 01, 2026

Recession in question as Britain’s economy achieves surprise growth in November due to World Cup

Recession in question as Britain’s economy achieves surprise growth in November due to World Cup

The economy grew by 0.1% in November, partly aided by the football World Cup, according to official figures which call into question predictions the UK is already in recession.
Data from the Office for National Statistics (ONS) showed pressure on demand from the effects of high inflation, but a boost from people packing pubs and bars to watch events unfold in Qatar.

Economists had predicted a negative growth figure - of around 0.2%.

The figure for November came on the back of a positive growth reading the previous month, largely explained by activity getting back to normal after disruption to output from the late Queen's death.

The additional bank holiday for the funeral in September saw most businesses close.

The Bank of England is among public bodies to have forecast that the UK fell into recession during the third quarter of 2022.

Should a reading by the ONS for the October to December period show a negative growth figure, then the economy will have met the criteria for recession: two consecutive quarters of contraction.

A fairly severe downwards shift in output last month is seen as unlikely.

The ONS said that gross domestic product (GDP) fell by 0.3% in the three months to November.

That incorporates the decline of 0.6% in output measured during September and the 0.5% recovery in October.

ONS director of economic statistics Darren Morgan said: "The economy grew a little in November, with increases in telecommunications and computer programming helping to push the economy forward.

"Pubs and bars also did well as people went out to watch World Cup games.

"This was partially offset by further falls in some manufacturing industries, including the often-erratic pharmaceutical industry, as well as falls in transport and postal, partially due to the impact of strikes.

"Over the last three months, however, the economy still shrank - mainly due to the impact of the extra bank holiday for the funeral of Her Majesty Queen Elizabeth in September."

He told BBC Radio 4's Today programme that the economy would need to shrink by 0.6% or more in December for the fourth quarter of 2022 to contract as a whole - triggering a technical recession.

The prospect of avoiding such a downturn is easing not only in the UK but across Europe and in the US too, but it does not mean that all is rosy.

Business groups warned that many sectors were struggling - and needed the support of government to protect jobs as energy-led costs continue to stifle orders and investment.

Pressure on squeezed consumers too is set to intensify as the Bank of England is still forecast to maintain interest rate increases to help inflation ease over the first half of 2023, raising bills in the process as mortgage costs climb.

In its reaction to the GDP data, the living standards-focused think-tank the Resolution Foundation said that while a 2022 recession was now likely to have been avoided, family incomes were still shrinking.

Jonathan Moyes, head of investment research at the Wealth Club investor service, said of the UK's prospects: "We have seen retailers report stronger than expected earnings reports for Q4 over the past week, and it appears a stronger than expected consumer services, and services more broadly, have helped the UK economy defy gloomy expectations.

"It may be too soon to mark the beginning of a turn in sentiment for the UK, but a quiet consensus appears to be forming.

"Energy prices are falling sharply, China is reopening and interest rate expectations have eased significantly," he wrote.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×