UKs Slow Economic Growth Due in Part to Jaguar Land Rover Cyber Attack: Treasury Chief

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British Chancellor of the Exchequer Rachel Reeves during a press conference following her statement to the House of Commons on the findings of the Treasury audit into the state of the public finances in London, on July 29, 2024. Lucy North/PA WireThe UK’s economic growth slowed in the previous quarter of the year in part due to a major cyber attack on automaker Jaguar Land Rover (JLR), Chancellor of the Exchequer Rachel Reeves said on Nov. 13.The treasury chief made the remarks after the Office for National Statistics (ONS) said that real gross domestic product (GDP) grew by 0.1 percent between July and September over the preceding three-month period, down on the previous quarter’s 0.3 percent growth.

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