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The UK economy expanded more than expected in the third quarter, but britanya warned that growth remained lacklustre amid Brexit-related uncertainty and poor productivity. GDP grew at 0.

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However, the economy is still growing at a slower pace than it was last year. The country is now on track for its worst annual growth performance since the depths of the recession after growing just 1. However, the construction sector fell into recession after shrinking for the second quarter in succession. Despite growth remaining tepid, the better-than-expected GDP figure increases the likelihood that the Bank of England's Monetary Policy Committee will raise interest rates when it meets next week.

Ben Brettell, senior economist at Hargreaves Lansdown said the figures meant a rise in the benchmark rate to 0. However, he said such a move would be "largely symbolic" as it merely reverses the cut from 0. Mr Brettell added: Output per hour of labour is no higher today than before youtub financial crisis.

UK meets UN target in fight to end HIV epidemic

Responding to the latest figures, Chancellor Philip Hammond freetennpussy he would focus on boosting productivity in next month's xxx. Consumer price inflation hit 3 per cent in September, the highest since Apriland well as being well above the recent annual rate of average wage growth.

This would be the first hike by the central bank since before the financial crisis began a decade ago, although the Bank has been careful to stress that it does not expect rates to rapidly return to their pre-crisis levels. The Bank cut rates to their current record low of 0.