YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

UK economy grows at fastest annual pace in over six years

Posted online
Britain's economy kept up its strong growth in the second quarter of 2014 and its yearly pace of expansion was revised up to 3.2 percent, its best performance in more than six years, official data showed on Friday.

The Office for National Statistics said the upward revision of the yearly growth rate was due to a performance by the construction sector that was stronger than assumed at the time of the preliminary estimate.

According to a Reuters report, gross domestic product rose 0.8 percent April through June.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences