-
UK economy grows strongly in Q2
Britain's economy is bigger than previously estimated and stood at 2.7 percent above its pre-crisis peak at end of the second quarter, according to new official figures on Tuesday. The data from the Office for National Statistics, which reflect new methods of calculating gross domestic product (GDP), and showed Britain's economic output exceeded its peak before the 2008-09 recession in the third quarter of 2013. Previously, it was thought Britain achieved this only in the second quarter of this year, when it was estimated to have exceeded the peak by just 0.2 percent. The new estimates are part of European Union-wide ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 30, 2014 5:17am Sep 30, 2014 5:17am
- NewtonsCash
- Joined Mar 2014 | Status: Member | 2586 Comments
- Comment #2
- Quote
- Sep 30, 2014 6:21am Sep 30, 2014 6:21am
- Bmitchell
- | Joined May 2012 | Status: Full Time Trader | 63 Comments
- Comment #3
- Quote
- Sep 30, 2014 6:57am Sep 30, 2014 6:57am
- NewtonsCash
- Joined Mar 2014 | Status: Member | 2586 Comments