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UK growth 'fastest in 10 years' says business lobby group

The UK economy is growing at a faster pace than it was at the height of the 00s boom, according to figures from the Confederation of British Industry (CBI).

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UK economy growing at 'fastest rate since 2003'

The British economy is growing at its fastest rate since the last boom, according to figures from the UK's most powerful business lobby.

The pace of growth is expected to remain above average over the next three months, the CBI said. Credit: PA

The Confederation of British Industry (CBI) said economic growth in May gave its strongest reading since data began in 2003.

The poll of 726 firms found a balance of plus 35% - the difference between those reporting higher output in the last three months and those saying it was lower. It was up from plus 25% in April.

It suggested the UK economy - which grew by 0.8% in the first three months of 2014 - had continued to perform strongly going into the second quarter, the CBI said.

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