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UK economy grows 0.7%, ONS estimates

The UK economy grew by 0.7% during the third quarter of 2014, the Office for National Statistics (ONS) said today.

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Osborne: I don't accept there is no 'feel good factor'

George Osborne has dismissed the suggestion that there is no "feel good factor" in the UK because living standards have stagnated since the Government took office.

"I simple don't accept that," the Chancellor told ITV News Economic Editor Richard Edgar.

He added that today's growth in GDP means "more economic security, it means more jobs, it means a brighter future".

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