UK economy growth slowed to 0.1% in the period between July and September, with the ONS attributing the movement to declining car production.
The figure - half the 0.2% which had been predicted - heaps pressure on Rachel Reeves ahead of her looming autumn budget.
The Office for National Statistics (ONS), the BBC reports, said there had been a "marked" drop in car production levels in the UK in September as a result of the cyber attack on Jaguar Land Rover.
Growth was also slower than the previous quarter in retail, restaurants, arts, entertainment and real estate.
Persistently weak consumer spending levels also persist, with analysts now predicting this will remain a burden on growth for the rest of the year.
The 0.1% growth figure is a down from 0.3% between April and June, and 0.7% in the first quarter of 2025.
Taking September in isolation, the economy shrunk by 0.1% following the impact of the
In September alone, the economy contracted by 0.1% with the JLR cyber-attack having an impact.
FTSE100
The UK's flagship share index, the FTSE 100, was down 179 points at 9,704 shortly after opening this morning.
Brent crude oil futures were up 1.35% at $63.92 a barrel.
Companies reporting
- Melrose Industries* - Q3 Trading Statement
- Land Securities - Half Year Results