United Kingdom

UK Third Quarter Economic Growth Highest in Three Years

GDP up .8 percent


The U.K. economy expanded in the third quarter at the fastest rate since 2010 with widespread growth across all sectors, preliminary data from the Office for National Statistics showed Friday.

Gross domestic product grew 0.8 percent sequentially in the third quarter, slightly faster than the 0.7 percent expansion logged in the preceding three months. The rate matched economists' expectations. The economy expanded for the third consecutive quarter.