UK economy bounces back in Q3

The UK economy ground to a halt in the second quarter of the year, revised figures revealed today, but bounced back between July and September with stronger growth than previously estimated.

Gross domestic product (GDP) grew at 0.6% in the third quarter, revised up from a previous estimate of 0.5%, the Office for National Statistics (ONS) said, while growth between April and June was slashed to zero from 0.1%.