0751 GMT - The U.K.'s return to economic growth in November makes a February interest-rate cut a by the Bank of England less likely, Suren Thiru at the Institute of Chartered Accountants says. The 0.3% on-month GDP growth in November gives those rate-setters who are still concerned about inflation sufficient comfort over economic conditions to delay voting to ease policy, he says. The data now mean that the U.K. economy grew modestly across the final quarter of 2025 as easing uncertainty after the budget likely supported growth in December, Thiru says. But the return to growth probably won't trigger a sustained economic revival, with softer consumer spending and a higher tax burden likely to mean weaker growth for 2026, despite a boost from lower inflation, he says. (edward.frankl@wsj.com)

(END) Dow Jones Newswires

January 15, 2026 02:51 ET (07:51 GMT)

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