UK Q3 GDP Rises 0.1% Amid Corporate Cyberattack Impact

Economic growth fell short of forecasts as corporate cyberattacks weighed on UK performance during the third quarter.

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Terms & Concepts
  • GDP (Gross Domestic Product): A measure of the total economic value of goods and services produced within a country over a specific period.
  • Quarter-on-quarter: A comparison of a financial or economic metric between one quarter and the previous quarter.
  • Cyberattack: A malicious attempt to disrupt, damage, or gain unauthorized access to computer systems or networks.