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

Interest rate cuts expected after UK GDP edges up 0.1%

Interest rate cuts expected after UK GDP edges up 0.1%

Construction output lowest since 2021

Patrick Brusnahan
clock 12 February 2026 • 2 min read
Leaked Budget document viewed almost 25,000 times ahead of speech

Leaked Budget document viewed almost 25,000 times ahead of speech

Office for Budget Responsibility chair Richard Hughes quit as a result

Jenna Brown
clock 11 February 2026 • 2 min read
BoE's Andrew Bailey: World economy 'remarkably resilient' amid uncertainty

BoE's Andrew Bailey: World economy 'remarkably resilient' amid uncertainty

Markets now 'cautious'

Patrick Brusnahan
clock 09 February 2026 • 1 min read