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.

Bank of England governor Carney to address unions on wages

Bank of England governor Mark Carney will set out his plans for "real wages" when he addresses the annual conference of the Trades Union Congress on Tuesday.

Unions have complained that people's incomes are not rising quickly enough despite the upturn in the economy.

Mr Carney will discuss the role that fiscal policy can play in boosting the labour market.

It is the third time a Bank of England chairman has spoken at the conference.

The last appearance by a governor was in 2010 when Sir Mervyn King blamed financial firms and policy-makers for allowing the economic crisis, admitting: "We let it slip."

'In-work poverty'

Mr Carney's visit comes in very different circumstances, with the UK economy having grown by