Have a go at this teaching activity, which includes a downloadable worksheet and suggested answers

The UK economy grows at fastest rate since 2024.

UK GDP grew by 0.7% between July and September, the quickest pace in over two years.

Most of the increase came from the services sector, which includes businesses such as consultancy, hotels and restaurants. Computer programming grew at its fastest rate for three years as firms spent more on artificial intelligence (AI).

The Office for National Statistics (ONS) warned that households may not feel better off, because inflation and wages affect them more directly.

The UK is on course to be the second fastest-growing economy in the G7 group of major countries.

Economists expect growth to slow in the coming months with rising energy prices. An increase in energy bills is forecast for January, which could reduce consumer spending and confidence.

Studio Underdog, a mechanical watch business started five years ago by entrepreneur Richard Benc, has performed better than it forecast. It exports about 80% of its watches and says sales in the US have been steady. However, some UK customers are now taking longer to decide whether to buy watches.