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UK economy grew faster than expected in 2013

UK economy grew faster than expected in 2013

UK gross domestic product grew by an estimated 1.9% this year, strengthening the picture of a rebounding economy.

GDP expansion was previously thought to be 1.5% compared to 2012. The Office for National Statistics also confirmed that the economy expanded by 0.8% in the second quarter. 

However, the current account deficit shot up from £6.2 billlion to £20.7 billion between the second and third quarter, while net public sector borrowing last month was £0.9 billion higher than in November 2012.

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Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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