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UK economic growth edges up in three months to October - NIESR

Published 06/11/2015, 15:25
© Reuters. A worker watches robots at Futaba Industrial in Foston

LONDON (Reuters) - Britain's economy picked up a bit of speed in the three months to October, the National Institute of Economic and Social Research, a think tank, said on Friday.

Economic output probably grew by 0.6 percent in the period, up from the 0.5 percent estimated for the Office for National Statistics for the three months ending in September.

"This implies that reasonable economic growth has continued into the fourth quarter of 2015," the think tank said.

© Reuters. A worker watches robots at Futaba Industrial in Foston

The Bank of England said on Thursday it expected British economic growth would come in at 0.6 percent in the fourth quarter although it was keeping watch on the risks to the economy from a global economic slowdown.

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