Tuesday, November 1, 2011

UK economic growth rises to 0.5%

Breaking News

The UK economy grew by 0.5% in the third quarter of 2011, according to the Office for National Statistics (ONS).

The growth in the July-to-September period compared with a 0.1% expansion in gross domestic product (GDP) in the previous quarter.

The ONS said that growth in the second quarter of the year had been affected by one-off factors such as the Japanese tsunami and the extra bank holiday.

GDP is the total amount of goods and services produced by the UK economy.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-15535518

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