Britain's GDP growth revised down to 0.9%

George Osborne has overseen the economy's strongest third-quarter GDP growth since 2007 Credit: PA

Updated GDP figures showed the UK economy did not grow as much as previously expected in the third quarter of the year.

The Office for National Statistics' revised estimate showed the economy grew 0.9 per cent, not 1 per cent as originally thought.

The third-quarter GDP growth is still the strongest since the third quarter of 2007, although much of that reflected a one-off boost from the London Olympics.

Chancellor George Osborne's plan to bring down the budget deficit was also dealt a blow with news that public sector borrowing unexpectedly increased last month, by £1.2 billion to £17.5 billion.