UK GDP rose by 0.6% in the second quarter, according to initial estimates - in line with analysts' expectations and double the 0.3% figure seen in Q1.
All four major industrial groupings - agriculture, production, construction and services - saw growth during the period, according to the Office for National Statistics. The services industry contributed that largest boost to growth, contributing 0.48 percentage points to the headline figure. Construction output increased by 0.9% compared with Q1 2013, when output was at its lowest level since Q1 2001. The news means the UK's annual growth rate of 1.4% is the strongest the first quarter of 2011. "The sectoral breakdown showed that all sectors contributed to growth, pointing to a...
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