UK tipped to be fastest-growing Western economy in 2014

Laura Dew
clock

The UK will be the fastest-growing Western economy next year, according to a survey by accountancy firm Grant Thornton.

In its quarterly Business Confidence Monitor report with the accountancy body Institute of Chartered Accountants in England and Wales (ICAEW), it predicted the UK will grow by 1.3% in the fourth quarter of 2013. The organisations said they had identified signs of business confidence as firms expect more exports, business investment, and employment growth next year. It also felt the recovery is beginning to become more broad, with construction, production, industry and services sectors all reporting increasing confidence. Property and construction reported particularly strong confid...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

FCA's Rathi addresses Autumn Budget market abuse concerns

FCA's Rathi addresses Autumn Budget market abuse concerns

Pens open letter to Treasury Committee

Isabel Baxter
clock 04 December 2025 • 2 min read
More tax, less shelter: A slow-burn Budget for savers and investors

More tax, less shelter: A slow-burn Budget for savers and investors

'The Budget documents make for sobering reading for those trying to build up their wealth'

Laith Khalaf
clock 04 December 2025 • 3 min read
OBR 'deeply regrets' early release of Budget document

OBR 'deeply regrets' early release of Budget document

Mistaken release of Budget documents forced Richard Hughes' resignation

Linus Uhlig
clock 02 December 2025 • 3 min read