30/09/2014

UK Economy Grows By 0.9% – ONS

The UK's economy grew by 0.9% in the second quarter of 2014, newly-released figures have revealed.

According to the Office for National Statistics (ONS), UK GDP was also 3.2% higher in the second quarter, compared to a year earlier.

In addition, revised figures from the ONS reveal the UK economy has now surpassed its pre-recession peak in the third quarter of 2013. It was previously thought this had been reached in the second quarter of this year.

Gross domestic product (GDP) was also estimated to be 2.7% higher than its pre-recession peak by the end of the second quarter in 2014.

(JP/CD)

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