The U.K. economy grew by just 0.1% in the third quarter, falling short of the 0.2% forecast, following a stronger 0.5% expansion in the previous quarter. The services sector also saw minimal growth, while inflation dropped to 1.7%, prompting a rate cut by the Bank of England. Finance Minister Rachel Reeves expressed dissatisfaction with the growth figures, emphasizing the need for investment and reform to stimulate the economy.
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