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‘Punching above its weight’: Professional services drive UK economic growth

Resilience of wide-ranging sector comes as momentum slows in other industries
Output in professional services, scientific and technical activities grew 0.7 per cent in the third quarter

Professional services have been a key driver of UK growth this year, underlining the wide-ranging sector’s resilience as momentum slows in other parts of the economy.

Output in professional services, scientific and technical activities grew 0.7 per cent in the third quarter even as overall growth slowed to 0.1 per cent, marking the largest contribution to the expansion, according to Financial Times analysis of official data.

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