预算案阴云笼罩，英国四季度GDP仅微增0.1%

Economic Growth - The UK GDP grew by 0.1% from October to December last year, maintaining the slow growth rate seen in the third quarter [1] - The Office for National Statistics revised the GDP data for the three months ending in November, indicating a contraction of 0.1% instead of a growth of 0.1% [1] - In December alone, the economy grew by 0.1%, aligning with market expectations, bringing the economic scale back to the level of June 2025 [2] Investment Trends - Business investment showed a significant decline of nearly 3% in the fourth quarter, marking the largest quarterly drop since early 2021, primarily driven by volatile transport investments [1] - The overall weakness in business investment suggests that uncertainty surrounding the budget is hindering investment and spending [2] Sector Performance - The manufacturing sector was the largest contributor to output growth, although automotive production is still recovering from the cyberattack on Jaguar Land Rover in September [2] - The dominant services sector remained flat, while construction output contracted by 2.1% [2] Economic Forecast - The average growth rate for the UK economy in 2025 is projected to be 1.3%, compared to 0.9% for France, 0.7% for Italy, and 0.4% for Germany [2] - The per capita economic growth rate in the UK has contracted by 0.1% for the second consecutive quarter, despite an overall growth projection of 1.0% for the year 2025 [2]