U.K. Third-Quarter GDP Jumps the Most in 5 Years: Niesr
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The U.K. economy grew at its fastest pace in five years in the third quarter after a rebound from one-off disruptions in the prior three months, the National Institute of Economic and Social Research said.
Gross domestic product rose 0.8 percent, compared with 0.1 percent in the quarter through August, Niesr, whose clients include the Bank of England, said in an e-mailed statement in London today. That’s the fastest expansion for a calendar quarter since the third quarter of 2007.