British economy grew faster than expected in first quarter ...Middle East

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British economy grew faster than expected in first quarter
source : Daily Sun ( Middle East ) () 9
LONDON: The UK economy grew faster than expected between January and March this year, new revised official figures have suggested, reported PA Media/dpa.The Office for National Statistics (ONS) said that it now thinks that gross domestic product (GDP) rose by 0.3 per cent in the first three months of the year, up from the 0.1 per cent previously estimated.The ONS left its estimate for the second quarter of the year unchanged, it said on Friday.ONS chief economist Grant Fitzner said: “Our new estimates indicate a stronger performance for professional and scientific businesses due to improved data sources.“Meanwhile, health care grew less because of new near real-time information showing the c

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