Thursday, May 10, 2007

U.K.'s Economy Expanded 0.7 Percent in Quarter Through April, NIESR Says

(Bloomberg) -- The U.K. economy expanded 0.7 percent in the quarter through April, powered by service industries, the National Institute for Economic and Social Research said.

Economic expansion matched the pace of the three months ended Jan. 31 and was the same as the government's estimate for the first quarter, the London-based research group, whose clients include the Bank of England and the U.K. Treasury, said in a statement today.


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