Economics

U.K. Economy Grows More Than Estimated on Consumers, Exports

Photographer: Chris Ratcliffe/Bloomberg
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The U.K. economy grew more than initially estimated in the fourth quarter as consumers and exporters steered Britain into its longest stretch of uninterrupted growth since 2008.

Household spending rose 0.6 percent in the three months through December and exports jumped 4.6 percent, the most since 2013, the Office for National Statistics said in London on Tuesday. Gross domestic product expanded 0.6 percent, more than the 0.5 percent reported last month, for an eighth consecutive quarterly gain.