Outside London, the British economy is at breaking point
The UK's GDP grew by 0.7% in Q3, the fastest since early 2024, driven by the information and communication sector, particularly AI services. Despite this growth, the UK economy remains fragile, having struggled since the 2007 financial crisis, compounded by Brexit and the COVID-19 pandemic. Average annual GDP growth from 2008 to 2025 is only 1.26%, compared to 3% from 1993 to 2007. Regional disparities are significant, with London as the economic engine, while other cities face challenges from past deindustrialization.
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