UK Private Sector Grows 2.3% in 2026, Outpacing 1.9% Economywide Expansion
Updated
Updated · Bloomberg · Nov 15
UK Private Sector Grows 2.3% in 2026, Outpacing 1.9% Economywide Expansion
3 articles · Updated · Bloomberg · Nov 15
Summary
UK market-sector output has risen 2.3% so far this year, marking its strongest performance since 2022 and beating the economy’s 1.9% overall growth pace.
Business-to-business services and broader corporate outperformance are driving that expansion, with firms’ investment in artificial intelligence adding momentum.
The strength has come despite an energy shock and more than £80 billion in tax increases since Labour took power in 2024.
Households are also holding up, reinforcing a picture of growth led mainly by private companies rather than government activity.