UK economy grows a faster-than-expected 0.8%

The UK's economy grew at 0.8% between July and September, official figures show, suggesting the economy is recovering faster than expected.

It follows 1.2% growth in the second quarter of the year, and is double the 0.4% expected by analysts.

Meanwhile rating agency Standard and Poor's upgraded its outlook for the UK's triple-A credit rating.

Chancellor George Osborne called both reports "a vote of confidence in the new government's economic policies"

The gross domestic product (GDP) figure released by the Office for National Statistics (ONS) is only a first estimate, and may be revised.

Analysts had expected a slowdown after weak retail sales and housing data.

Fonte: http://www.stocktrader.org.uk/stock-news.html