News

UK Economy Grows By More Than Expected

Published on 27th August 2010

The construction sector grew by 8.5% in the second quarter

The UK economy grew by more than initially thought in the second quarter of 2010, boosted by a strong performance by the construction sector.

The economy grew by 1.2% in the quarter, the Office for National Statistics (ONS) said, revising up its initial estimate of 1.1% growth.

It was the fastest rate of quarterly expansion recorded since the first three months of 2001.

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