UK GDP confirmed at 0.7% in Q4
UK GDP was estimated to have increased 1.8% in 2013, according to the latest figures from the Office for National Statistics.
UK gross domestic product was estimated to have increased by 0.7% in Q4 2013, unrevised from the earlier estimate published in January.
An HM Treasury spokesperson said:
"It's encouraging that business investment grew strongly in the fourth quarter and is now up by 8.7% on a year ago. The government's long term economic plan is working, but as the Chancellor said last week the recovery is not yet secure. The Budget next month will do more to support investment and exports, and the biggest risk to the recovery would be abandoning the plan that's providing economic security for hardworking people."
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