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 Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Play Henderson's Lofthouse on merger boost and political risk

Henderson's Lofthouse on merger boost and political risk

Ben Lofthouse talks through where he is finding income and what surprises await the global economy in the new year.

Read More
Your Business: Cover Star Club

Profile: 'a lot of the hard work is done' says Charles Stanley

Profile: 'a lot of the hard work is done' says Charles Stanley

We’ve turned a corner, and there is positive momentum behind Charles Stanley says Charles Stanley's private client head

Wealth Manager on Twitter