The UK is set to grow faster than any other Western economy, according to the ICAEW – the body representing English and Welsh accountants.
Its monitor of business confidence, sponsored by accountants Grant Thornton, suggests economic growth of 1.3% in the fourth quarter of 2013.
The report identified signs of rising business confidence.
Its view of the economy mirrors that of the CBI, whose recent assessment also suggest a strong pick-up in growth.
The CBI, whose annual conference begins on Monday, said the UK economy was recovering at a “slow and steady” pace.
via BBC
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.