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WORLD · BUSINESS · NOV 12, 5:18 AM ET

UK economy expands 0.7% in third quarter as AI provides 'extra engine of growth'

Reported by 29 outlets in the past day, including Euronews, Daily Sabah, CNBC.

1What happened

The U.K. economy grew 0.7% in the third quarter of the year, in line with estimates. CNBC ↗

2Compared to what

America’s great building booms, compared

Canals1836–410.66%Railroads1870–902.24%Electrification1905–250.5%Highways1956–731.13%Telecom and fiber1996–20031.1%AI2025–323.63%*183618501900195020002032

At an estimated 3.6% of the economy a year, the AI build-out is larger than the railroad boom and more than three times the highway program. AI spending is an estimate. Source: Stijn Van Nieuwerburgh, as reported by The Wall Street Journal, Sept. 23, 2026

3Also reported

Computer programming and consultancy helped drive growth as demand for AI and cloud computing rose, while the Iran war pushed up energy costs. Euronews ↗

Sources

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