UK economy grew 0.9% in second quarter, says ONS

UK economic growth has been revised up to 0.9% for the second quarter of the year by the Office for National Statistics (ONS), compared with a previous estimate of 0.8%.

UK GDP was 3.2% higher in the second quarter compared with a year earlier.

Revised ONS figures also show the UK economy surpassed its pre-recession peak in the third quarter of 2013.

Previously, this was thought to have been achieved in the second quarter of 2014.

The ONS now estimates that gross domestic product was 2.7% higher than its pre-crisis peak by the end of the second quarter this year.

The figures also show that the ONS revised its estimate of growth in the first quarter of the year down to 0.7% from an earlier estimate of 0.8%.

BBC Business