# Britain is growing in spite of Labour, not because of it

- URL: https://talkfuse.com/story/britain-is-growing-in-spite-of-labour-not-because-of-it/
- Published: 2026-11-13T11:06:00+00:00
- Updated: 2026-11-13T11:23:24+00:00
- Original publisher: City AM (publisher lean: Right)
- Original article: https://www.cityam.com/britain-is-growing-in-spite-of-labour-not-because-of-it/
- Topics: Business, Economy, UK, World

## Key points

- GDP rose 0.7 per cent in the third quarter.
- Technology and services drove growth as construction contracted.
- Griffith says businesses need lower costs and faster planning.

## Summary

UK GDP grew by 0.7 per cent in the third quarter of 2026, up from 0.5 per cent in the previous quarter and 1.9 per cent higher than a year earlier. Andrew Griffith, the Conservative shadow chancellor, welcomes the rise but argues it is too modest and uneven to justify Labour taking credit, and says stronger growth reflects the resilience of businesses.

Griffith says technology and business services have benefited from the global AI boom, while construction shrank by 0.7 per cent and the OBR forecast 190,000 fewer new homes than it had in March. He also points to public sector spending and investment rising 20 per cent since 2019, compared with 3.2 per cent in the private sector, and warns households face high energy costs, inflation and interest rates. He calls for lower energy costs and employer taxes, faster planning and fewer regulations.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.