British economy grows by 0.6%
The UK economy notched up successive quarters of growth as gross domestic product (GDP) rose 0.6% in the second quarter of the year, official figures showed today.
It was the first time since 2011 that the UK has seen back-to-back quarterly increases, after a 0.3% rise at the beginning of this year.
The Office for National Statistics figures showed all the main sectors of the economy grew for the first time since the third quarter of 2010, adding to hopes for a recovery.
British Prime Minister David Cameron said the figures were ``encouraging'' and showed the UK was on the "right track".
Today's economic growth figures are encouraging. We are on the right track - building an economy for hardworking people.
— David Cameron (@David_Cameron) July 25, 2013
Chancellor George Osborne tweeted: “GDP stats better than forecast. Britain’s holding its nerve, we’re sticking to our plan, the economy’s on the mend. But still a long way to go.”
GDP stats better than forecast.Britain's holding its nerve, we're sticking to our plan, the economy's on the mend.But still a long way to go
— George Osborne (@George_Osborne) July 25, 2013
