Britain recorded its strongest economic expansion in two and a half years during the third quarter, registering a gross domestic product increase of 0.7 percent between July and September. According to the Office for National Statistics, the robust performance demonstrated that both corporate entities and household consumers maintained economic stability despite elevated energy costs.
The quarterly growth was driven primarily by widespread expansion across the domestic services sector. Additionally, official figures showed that the economy grew by 0.2 percent on a monthly basis during September.
