United Kingdom

British Economy the Fastest-Growing in the Western World

1.3 percent growth in the fourth quarter of 2013


The UK is set to grow faster than any other Western economy, according to the ICAEW—the body representing English and Welsh accountants.

Its monitor of business confidence, sponsored by accountants Grant Thornton, suggests economic growth of 1.3% in the fourth quarter of 2013.

The report identified signs of rising business confidence.

Its view of the economy mirrors that of the CBI, whose recent assessment also suggest a strong pick-up in growth.