Tue, 28 Jan 2014 10:19:08 GMT
U.K. economy expands 1.9% in 2013, beating Treasury forecasts
Economic growth in the United Kingdom reached 0.7% in the last quarter of the previous year, while on the annual basis GDP advanced as much as 2.8%. Speaking about 2013, economy increased 1.9%, beating the Treasury expectations at 1.8%. Services sector of the U.K. economy surged 0.8% on a quarterly basis, while manufacturing climbed 0.9% and construction dropped 0.3%.