The recovery in the UK is gathering steam despite recent signs of economic weakness, according to the Organisation for Economic Co-operation & Development. The OECD’s composite leading indicators (CLIs), which have a good track record for predicting changes in economic conditions about six months in advance, “continue to point to a pick up in growth” in the UK, the Paris-based think-tank said. The CLIs have now indicated that growth in the UK is starting to accelerate for the last four months, although in the August and September releases the improvement was only “tentative”. Signs that the economy is in the ... (full story)