Q3 Economic Growth Revised Downwards
UK economic growth has been revised downwards just before Christmas as the latest figures show the economy grew less strongly than previously thought for much of the year.
The economy grew by 0.4% in the 3rd quarter of the year, down from its previous estimate of 0.5%. All of that has been blamed on weaker growth in the huge service sector that accounts for about three quarters of the entire economy, but it's particularily financial services that have suffered.
Chief Economist Simon French stated Read more