Economics

Most U.K. Stocks Advance as Economic Growth Exceeds Forecasts

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Most U.K. stocks advanced as the British economy expanded at the fastest pace in five years in the third quarter, boosted by Olympic ticket sales and a surge in services.

Unilever rallied the most in 10 weeks as revenue growth topped estimates. Debenhams Plc surged to a five-year high after the retailer boosted online sales targets and said it will add more outlets. Bwin.Party Digital Entertainment Plc gained 6.7 percent after announcing a partnership with Zynga Inc. for online poker and casino games. WPP Plc fell 2.3 percent as the world’s largest advertising company cut its revenue forecast.