The UK’s first official growth figures since the Brexit vote have confounded the government’s warnings of an immediate recession if Britain voted to leave the EU.
The economy was 0.5 per cent larger between July and September than three months earlier, according to the Office for National Statistics. The Treasury had predicted it would shrink 0.1 per cent.
Philip Hammond, the UK chancellor, welcomed the news, saying: “The fundamentals of the UK economy are strong, and today’s data show that the economy is resilient.
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