Economics

U.K. Economic Growth Quickens to 0.6% as Recovery Gains

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U.K. economic growth accelerated in the second quarter as all main industries showed expansion for the first time in three years, indicating Britain’s recovery is gaining traction.

Gross domestic product increased 0.6 percent from the first quarter, when it rose 0.3 percent, the Office for National Statistics said in London today. That matched the median forecast of 37 economists in a Bloomberg News survey. Services, production, construction and agriculture all grew, the first time that has happened since the third quarter of 2010. From a year earlier, GDP rose 1.4 percent.