UK GDP growth slowed to 0.4% in October

The UK economy reported a growth of 0.4% in October. Construction grew 1% in October but remains 6.4% below February’s level. The production sector, which includes manufacturing, is 4.4% down on February’s level and services 8.6% down. The biggest drag on growth was from accommodation and food services. Experts predict the economy will go into reverse in November.