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Consumer spending drives UK economy to 7th quarter of growth as exports, investment decline

Household spending increases 0.8% in Q3, the most since Q2 2010

The Office for National Statistics report underlines Britain's reliance on domestic spending as the euro-region economy slumps.


THE biggest increase in consumer spending in more than four years drove the UK economy to a seventh straight quarter of growth, as exports and corporate investment declined.

Household spending rose 0.8 per cent in the third quarter, the most since the second quarter of 2010