Economics
Services, Finance and Oil Drive U.K. Growth to 0.7%
U.K. Economy Accelerates With 0.7% GDP Growth in 2Q
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U.K. economic growth accelerated in the second quarter as business services and finance strengthened and North Sea output surged.
The 0.7 percent increase in gross domestic product marked a 10th straight expansion and followed a 0.4 percent advance in the previous three months. It was in line with the median forecast in a Bloomberg survey.