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UK GDP Revision Figures
UK Gross Domestic Product data has just been released for Q4 2013, the Year on Year figure came in at 2.7% against a consensus estimate of 2.8% and a prior of 1.9%. The Quarter on Quarter number was 0.7% versus consensus of 0.7% and a previous of 0.8%. No real surprises were anticipated in these revision figures and none were delivered. The slight revision downward in the annual number is being considered more as a rounding issue than as any particular signs of a falling back in British growth. Despite the business as usual nature of the GDP numbers the pound sterling has experienced a volatile morning as it yet ... (full story)