U.K. Economy Grows Most Since 2001 on Construction

The U.K. economy expanded faster than previously estimated in the second quarter in the biggest growth spurt since 2001 as companies rebuilt stocks and construction work surged.

Gross domestic product rose 1.2 percent from the previous three months, the Office for National Statistics said today in London. That was higher than the 1.1 percent initial estimate, which was the median forecast of 25 economists in a Bloomberg News survey. On the year, the economy expanded 1.7 percent.