UK GDP growth beats expectations as Nissan reiterates commitment to Sunderland plantPreliminary data released by the Office for National Statistics (ONS) yesterday showed that the UK’s GDP grew by 0.5% in the third quarter of 2016. This beat the latest consensus forecast of 0.3%, and the -0.1% predicted by the Treasury before the referendum in the event of a vote to leave the EU. Reacting to the figures, UK Chancellor Philip Hammond said, “I think it is right that we still prepare to support the economy during the coming period to make sure that we get through this period of …read more
Source: Open Europe