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UK business investment suffers surprise drop in third quarter, GDP unrevised

From uk.reuters.com

British business investment suffered an unexpected fall in the third quarter of 2014, raising questions about the resilience of the economy's recovery, official data showed on Wednesday As initially estimated, gross domestic product between July and September grew by 0.7 percent from the second quarter, slowing from the second quarter's 0.9 percent which was the joint highest rate in four years, the Office for National Statistics said. In year-on-year terms, growth was 3.0 percent, also unchanged from last month's preliminary estimate by the ONS. But business investment fell by 0.7 percent in the third quarter on the ... (full story)

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