Britain’s GDP grows 0.6pc in Q4, 2016

London: Britain’s economy grew by 0.6 per cent in the final three months of last year and by 2.0 per cent over 2016, official data showed on Thursday as the country prepares for Brexit.
“UK gross domestic product (GDP) was estimated to have increased by 0.6 per cent during quarter four 2016, the same rate of growth as in the previous two quarters,” the Office for National Statistics said in a statement.
The annual growth figure of 2.0 per cent was however a slowdown the rate of 2.2 per cent in 2015 and 3.1 per cent the year before, the ONS added. Britain’s economy has performed better than expected since the country voted in June in favour of exiting the EU. — AFP