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UK economy grows faster than estimates

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Britain’s economy grew more strongly than expected in the third quarter, with few signs of slowing down following June’s Brexit vote.

The economy expanded 0.6% in the three months to September, the Office for National Statistics said today, revised up from an earlier reading of 0.5%.

But growth was revised down by 0.1% in the first and second quarters of the year to 0.3 and 0.6% respectively.

The US economy grew at an annualised 3.5% over the last quarter, faster than earlier estimates of 3.2%, according to the latest data.

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