Forex News – UK GDP up 1 percent in third quarter
Posted on November 27, 2012 at 10:51 am GMTGDP data released today showed the UK economy grew 1 percent in the third quarter. According to the Office for National Statistics, the second estimate was the same as the initial estimate. This spike in GDP follows three straight quarters of economic slowdown was the best quarterly expansion in 5 years. Much of the driver behind growth was the summer London Olympics. This one time factor is not enough to sustain growth in the long term, which is why the [..]