The Office for National Statistics has revised second quarter growth figures in the UK up from 0.8% to 0.9% in its final estimate.
UK unemployment fell to its lowest level in six years in the three months to July, according to the latest figures from the Office for National Statistics (ONS).
UK consumer price inflation assumed its downwards trajectory once more in July following a sharp spike the previous month.
UK unemployment dropped to a near six-year low but sterling has fallen against the dollar after the Bank of England cut wage forecasts, suggesting rates will remain on hold for the foreseeable future.
Fund managers have backed financials, retailers, and housebuilders to benefit following the latest move down in UK inflation.
The UK economy expanded by 0.8% in Q1, slightly below economists' expectations.
Changes at the Office for National Statistics (ONS) which will count future pension rights as if they were present income will turn the UK into a nation of savers instantly, the Telegraph reports.
The Bank of England has again moved to temper expectations of an early rate rise, despite the UK unemployment rate dropping to close to the crucial 7% mark this morning.
Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.
The UK Statistics Authority (UKSA) has criticised the methods used by the Office for National Statistics (ONS) when it releases sensitive economic data.