GDP surpasses pre-recession high as economic growth hits 0.8%

Britain's economy has recovered the losses caused by the financial crisis and surpassed its pre-recession peak in the second quarter of the year, by posting a growth rate of 0.8%.

UK economy grew 1.9% in 2013 – the fastest growth since 2007

The British economy grew at the strongest rate in six years in 2013, having ended the year on a strong note as the recovery became more entrenched.

British retailers enjoy best July since 2006: BRC

LONDON: British retailers enjoyed their best July in six years as a summer heat wave, sporting triumphs and the arrival of a royal baby gave consumers an excuse to splash out, industry data showed on Tuesday.

Depressed banking sector raises spectre of triple-dip recession

British banks suffered a loss of business in December, adding to fears that a slowdown in activity across several sectors of the economy at the end of 2012 will push the UK into a triple-dip recession.

UK data point to meager growth, public finances worsen

LONDON (Reuters) - Britain's dominant services sector posted meager growth in October, which may be just enough for the economy as a whole to avoid contraction in the last three months of 2012.