Cyberattack and Sluggish Growth Hamper Britain's Economy
Britain's economy showed minimal growth in the third quarter of 2025, impacted by a cyberattack on Jaguar Land Rover in September. The economy grew by 0.1%, lower than expectations. The Bank of England anticipates a rebound in the fourth quarter despite production challenges in the motor vehicle sector.
A cyberattack on Jaguar Land Rover in September placed a significant drag on Britain's economic growth during the third quarter of 2025. The economy expanded by just 0.1%, according to the Office for National Statistics, down from 0.3% in the previous quarter.
Economists and the Bank of England had anticipated a 0.2% growth, highlighting the unexpected impact of the cyber incident. The attack affected the production of motor vehicles significantly, contributing to a 28.6% decline from August.
Despite these challenges, Finance Minister Rachel Reeves noted Britain's leading growth among G7 nations earlier this year, expressing optimism for a recovery in the fourth quarter as the Bank of England projects a 0.3% economic expansion.
(With inputs from agencies.)
ALSO READ
Perfios Unveils Cutting-Edge AI Operating System for Cognitive Finance
GST council secretariat is monitoring complaints regarding GST cut benefit not being passed on to policyholders, says Finance Minister.
Major Stake Acquisition: Tata AIA and Aranda Investments Secure 1.4% in SBFC Finance
ADB Approves $275 Million to Expand Finance, Power and Rural Roads in PNG
IIFL Finance: A Positive Outlook in Gold Financing

