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UK economy grows at fastest rate for more than two years

UK economy grows at fastest rate for more than two years

Summary

The UK economy grew by 0.7% in the three months to September, its fastest rate in more than two years, according to official figures. Growth accelerated from the previous three-month period, led in part by services; computer programming recorded its strongest growth in three years.

Key Facts

  • The economy expanded by 0.7% from July to September.
  • The growth rate was the fastest in more than two years.
  • Services helped drive the expansion.
  • Computer programming recorded its fastest growth in three years.
  • The Office for National Statistics’ chief economist said there was evidence that businesses linked to artificial intelligence helped boost computer programming.
  • Prime Minister Andy Burnham called the figures welcome news.
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