UK economy accelerates to fastest growth since 2010

LONDON | Fri Oct 25, 2013 10:34am BST
(Reuters) - Britain's economy picked up more speed between July and September, growing at its fastest pace in more than three years and building on an unexpected turnaround that has buoyed the government.

Gross domestic product rose by 0.8 percent, faster than the 0.7 percent achieved in the April-June period, Britain's Office for National Statistics said on Friday.

The quarterly growth and the year-on-year rate of 1.5 percent were in line with forecasts by economists in a Reuters poll. The numbers also made Britain, until recently a laggard among the world's rich countries, one of its fastest-growing economies with an annualised growth rate of over 3 percent.

Grangemouth dispute: Ineos says plant will stay open

25 October 2013 Last updated at 11:37

The Grangemouth petrochemical plant near Falkirk is to stay open after a new deal was struck with workers.

Staff were told in a mass meeting at 11:00 that the decision to close the site would be reversed.

End-of-day Market Overview

Have a great weekend all. Keep out of the way of the storms and enjoy your extra
hour in bed.....

G.