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UK GDP growth estimate for 2013 revised down to 1.7%

The UK's economy grew by 1.7% last year, official figures show, less than the previous estimate of 1.8%. It is the second time the estimate for GDP growth in 2013 has been cut, after an initial estimate of 1.9%. The Office for National Statistics (ONS)  confirmed that the UK economy grew by 0.7% in the final quarter of 2013, unchanged from its previous estimate. Business investment rose 2.4% in the fourth quarter,  the ONS confirmed . Services growth At the end of 2013, the...

Read more + 2 Apr 2014

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