British economy grows more quickly than expected

Britain's gross domestic product expanded by 0.6 percent in the three months to the end of September, up from the previous estimate of 0.5 percent, the Office for National Statistics saidBritain’s economy grew faster than expected in the third quarter, revised official data showed Friday, indicating no impact yet from the nation’s looming exit from the European Union. “Robust consumer demand continued to help the UK economy grow steadily in the third quarter of 2016,” noted Darren Morgan, head of GDP at the ONS. “The fundamentals of the UK economy are strong, but there remain challenges ahead,” a Treasury spokesman said.

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