According to CNBC, U.K. GDP grew 0.7% in the third quarter, matching economists’ estimates, and rose 1.9% year over year. Services output increased 0.9%, including 2.1% growth in information and communication, while production rose 0.1% and construction contracted 0.7%. The Office for National Statistics identified information and communication as a key growth driver, noting that many businesses reporting the largest turnover increases were involved in artificial intelligence and cloud computing, though it could not quantify their exact impact. GDP rose 0.2% month over month in September after no growth in August. The Bank of England raised interest rates last week, and markets were pricing in a 73% chance of another increase in December.