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UK economy grew at slower pace in third quarter than first thought
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theguardian.comThe UK economy grew at a slower pace than first thought between July and September, at 1.1% compared with the 1.3% initial estimate, official figures show.
Darren Morgan, the director of economic statistics at the Office for National Statistics, said: “Our revised figures show UK GDP recovered a little slower in the third quarter, with much weaker performances from health and hairdressers across the quarter, and the energy sector contracting more in September, than we previously estimated.
“However, stronger data for 2020 means the economy was closer to pre-pandemic levels in the third quarter.
“With the economy reopening in the third quarter, households saved less in the latest period. However, household saving was still up on pre-pandemic
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