The UK economy grew at 0.1% in the third quarter which was seen as a miss given the expectations were for an expansion of 0.2% and Q2 saw an expansion of 0.5%. Mainly the weakness came from the services sector which expanded just 0.1% and is 80% of the British economy. This result will likely add more pressure on the Bank of England to cut interest rates to help fuel growth but with inflation still above target in certain areas and the latest Labour budget being, on the margin, inflationary in nature, cutting rates is not without its risks.