10/25/2013

UK GDP: fastest growth for three years

UK economic output rose by 0.8% between July and September, official GDP figures show.

The Office for National Statistics said there had been a "fairly strong" performance across all sectors.

The data builds on a 0.7% GDP rise in the April-June period and is the best quarterly performance since 2010.

Chancellor of the Exchequer George Osborne tweeted: "This shows that Britain's hard work is paying off & the country is on the path to prosperity."

Deputy Prime Minister Nick Clegg said the figures "show that we are firmly on the road to economic recovery".

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