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RCS Ottawa

UK third quarter GDP growth confirmed at 0.5%


The UK economy grew by 0.5% in the third quarter, official figures have confirmed, helped by export growth and stronger consumer spending.

In its second estimate of the health of the economy, the Office for National Statistics (ONS) also says business investment grew by more than expected.

That was up 0.9% following the Brexit vote, against the second quarter, although it was down on last year. Full Story

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