The UK economy grew by more than expected in Q2 of 2010, boosted by a strong performance from the construction sector.
GDP growth was 1.2% in Q2, up from an initial estimate of 1.1%, according to the Office for National Statistics (ONS). Construction output grew by 8.5% in the second quarter, up from a previous estimate of 6.6%, the ONS says. However, air transport was one of the weakest sectors falling 11%.
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes