Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

UK GDP tipped to grow at fastest rate in four years

UK GDP tipped to grow at fastest rate in four years

The UK economy is tipped to have grown by 0.9% in the first quarter, the fastest rate of growth in almost four years.

Analysts’ consensus of the spike in growth would represent an acceleration from 0.7% in the fourth quarter of 2013 and the highest since the second quarter of 2010 when GDP rose by 1%. The Office for Budget Responsibility predicted in March that GDP would rise by 0.7% in the first quarter before slowing to 0.6% in the second.

The official data announcement is due at 9:30am and is expected to confirm that the UK economy continues to outpace most other advanced nations.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Taxicab Tenner: AXA IM's Nicolas Trindade

Taxicab Tenner: AXA IM's Nicolas Trindade

After a summer break, it is the turn of AXA Investment Manager's Nicolas Trindade to give a £10 view of how fixed income is faring.

Play Wealth Manager Olympics: the Relay

Wealth Manager Olympics: the Relay

In the final round of the Wealth Manager Olympics, our intrepid athletes team up for the relay.

Play Wealth Manager Olympics: the Shot Put

Wealth Manager Olympics: the Shot Put

After busting a gut in the 100m sprint, our wealth manager Olympians displayed their brute strength in the shot-put.

Read More
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter