Press Story

Today’s figures show that:

In the third quarter of 2025, the UK economy grew by 0.1 per cent
First estimates of real GDP up by 1.3 per cent on a year before.
This is a decrease on the previous quarter, when the growth rate was 0.3, indicating that growth remains subdued.

Reacting to today’s quarterly GDP figures, Ashwin Kumar, director of research and policy at IPPR, said:

“The UK continues to show unspectacular economic growth. Today’s figures emphasise the need for the government to continue with its policies to boost public and private investment, reform the planning system, and improve our trading relationship with the EU.

The government needs to consider how it can provide more certainty to businesses looking to build and look at how it can reform taxes to promote growth.

This quarter’s GDP figures were also affected by a major cyber attack on one car manufacturer, emphasising the real effects of cyber crime, and the economic value of measures to protect the UK from such activity.”

ENDS

Ashwin Kumar and other IPPR economists are available for interview.

CONTACT

Rosie Okumbe, digital and media officer: 07852 185421 R.Okumbe@ippr.org

David Wastell, director of news and communications: 07921 403651 d.wastell@ippr.org

NOTES TO EDITORS

IPPR is the UK’s most influential think tank, with dozens of alumni in Downing Street, the cabinet and parliament. We are the ideas factory behind many of the current government’s flagship policies, including changes to fiscal rules, the creation of a National Wealth Fund, GB Energy, devolution, and reforms to the NHS. IPPR is an independent charity which has seconded staff to government departments including DHSC and DESNZ to support ministers on crucial policies such as the 10-year health plan and the industrial strategy: www.ippr.org