UK GDP growth in Q2 has been revised up marginally by the Office for National Statistics (ONS).
US GDP growth has risen more than expected in Q2, according to initial estimates, with the contraction in the first quarter less bad than had been feared.
The UK economy expanded by 0.8% in the second quarter,above its pre-crisis peak, official statistics revealed today.
FCA dealing commission reform 'could hit industry profitability'
The UK economy will grow faster in 2014 than any other G7 economy, while low wage rises will ensure interest rates do not rise until next year, an influential report has forecast.
The British Chambers of Commerce (BCC) has warned the government against "prematurely" raising interest rates as its latest quarterly economic survey suggested challenges remain for the UK's recovery.