Economy grows by 0.8%

The economy has grown grew by 0.8% between June and September, the fastest pace in three years. Services provided the biggest boost but the utility sector fell 6.8%.

View all 13 updates ›
  1. Richard Edgar

UK's economy still 2.5% below pre-recession peak

This is the strongest quarter in three years but the year so far is weak. Services are making the biggest contribution but construction growing apace.

Utilities are down 6.8%, dragging overall production but manufacturing within that is up 0.9%.

The economy is still 2.5% below the pre-recession peak - so we have some way to go to catch the US and Germany.

It is the third quarter of expansion in a row for the first time since 2010 but the question is, can this pace be sustained?

More on this story