ONS: GDP monthly estimate, UK: November 2025 + Reaction

GDP monthly estimate, UK: November 2025

An HM Treasury spokesperson said:

“To make the economy work for working people, we are reversing years of underinvestment by protecting record infrastructure investment, driving through major planning reform, backing expansion at Heathrow and Gatwick, delivering Northern Powerhouse Rail and getting Sizewell C built.

“At the same time, we are taking action to get bills and inflation down - with £150 off energy bills, rail fares, prescription charges and fuel duty all frozen, the two-child benefit cap lifted, alongside the national living wage to deliver an economy that works for working people. There's more to do - driving growth, delivering the consolidation to provide stability, keeping inflation low and stable, tackling the cost of living and bringing our borrowing costs down.”

CBI

Ben Jones, CBI Lead Economist, said: 

“This latest data is better than expected and suggests the economy was more resilient towards the end of last year than earlier figures implied – with revisions pointing to less of a slowdown than previously feared. 

“While growth is likely to remain moderate, the economy should still expand at a steady pace through 2026 as inflation eases and real incomes rise modestly. However, business investment is likely to remain fairly subdued amid soft demand conditions, high labour and energy costs and supply-side bottlenecks. 

“Lowering the cost of doing business must now be the government's priority to unlock investment and growth. Recent pragmatism shown on areas such as day one rights is welcome, but further progress is dependent on greater policy clarity more generally – best achieved by working in partnership with business.” 

British Chambers of Commerce

Responding to the latest GDP data, published by the Office for National Statistics this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce, said:  

“Better than expected GDP data suggests the impact of pre-Budget jitters among businesses may have been less than predicted. Firms will welcome confirmation that the economy bounced back to growth of 0.3% in November itself, with the more reliable three-month average showing more modest growth of 0.1%.   

“The reality of the Chancellor's statement, when it came, was no significant new taxes for firms, but a lack of game changing measures to properly kickstart the economy. Firms are telling us they're still cautious about investing and recruiting, meaning growth will stay limited for the foreseeable.  

“Our latest economic forecast suggests a challenging year ahead for businesses, with a projected expansion in GDP of just 1.2%. Businesses are ambitious to drive forward better growth, but they need help.   

“2026 must be a year of delivery on growth, with government and business working in partnership. That means action from policymakers on igniting investment, powering productivity and transforming trade.” 

TUC

Commenting on ONS figures showing 0.1% GDP growth in the three months to November 2025, and 0.3% GDP growth in  November 2025, TUC General Secretary Paul Nowak said:  

“It's good to see growth pick up in November. But after 14 years of Tory mismanagement our economy is still not out of the woods. 

“With family incomes still squeezed by a relentless cost-of-living crisis, household spending has been in the doldrums for far too long. That's bad for families and bad for the wider economy. 

“This doom loop must end. Living standards have to come first. Ministers must stay laser-focused on cutting costs and putting more money in people's pockets. 

“Last year's interest-rate cuts were a start. But the Bank of England must move faster this year with quickfire cuts in the months ahead. 

“That would help families spend, businesses invest, and Britain finally move on from the cost of crisis that's kept us stuck for too long.” 

Institute of Directors

Commenting on ONS data that showed GDP rose by 0.3% in November 2025, and 0.1% in the three months to November, Anna Leach, Chief Economist at the Institute of Directors, said:

“GDP growth recorded a welcome uptick in November, lifting quarterly growth to 0.1%. A strong recovery in the manufacturing of motor vehicles following the JLR shut-down helped lift growth in manufacturing output. However, the underlying picture remains fragile, with signs that pre-Budget uncertainty dampened demand and slowed growth towards the end of last year. Supports for growth remain precarious in both services and manufacturing with only half of the subsectors posting growth. After a strong September, consumer-services output fell in both October and November, while construction output dropped dramatically in November.

“As the new year begins, there is some hope that policy uncertainty may diminish over the year. In particular, we head towards the Spring Statement with a larger buffer against the fiscal rules which will not be assessed this time round. But recent policy reversals – even when welcome – ferment their own uncertainty. In 2026, we need to get policy decisions right the first time and push harder in those areas which will deliver the strongest growth payoffs. Today's approval by Heathrow's board for the airport's expansion plans must be matched by swifter progress on planning reform. Upgrading the UK's ageing infrastructure and unlocking the government's public investment commitments will be a critical to supporting growth and lifting productivity.”