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U.K. economy growing at fastest rate since 2007

Jan 28, 2014, 5:42 AM EST
Shoppers crowd Regent Street during the Boxing Day sales on December 26, 2024 in London, England.
AFP/Getty Images

The economy grew by 0.7% in the fourth quarter of 2013, according to the Office for National Statistics (ONS). It said gross domestic product (GDP) was growing at 1.9%, the strongest since 2007. "We've seen growth in most parts of the economy," said Joe Grice, chief economist at the ONS.
Background:
U.K. economic growth best since 2007 [BBC]
U.K. 4Q GDP grows 0.7%, ending best year since 2007 [Bloomberg]

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