U.K. Economy Grew 0.4% in 3Q

The video discusses the UK's GDP figures for the third quarter, highlighting a 0.4% quarter-on-quarter growth and a revised 1.7% year-on-year growth. Dan Hanson from Bloomberg Economics provides insights, noting the economy's stronger-than-expected momentum and the index of services growth. The discussion also covers business investment and the influence of European growth, particularly from Germany and Spain, on the UK economy. The video concludes with a mention of political uncertainty as a constraint on further growth.

What was the revised year-on-year GDP growth for the UK in the third quarter?

• 0.4%

• 1.7%

• 2.0%

• 1.5%

How much did the index of services grow month-on-month?

• 0.1%

• 0.2%

• 0.4%

• 0.3%

What is the expected growth for the UK economy in Q4?

• 0.3%

• 0.5%

• 0.4%

• 0.6%

Which European countries are mentioned as having stronger growth compared to the UK?

• Netherlands and Belgium

• Germany and Spain

• Portugal and Greece

• France and Italy

What factor is mentioned as a constraint on UK investment?

• High inflation

• Political uncertainty

• Low consumer confidence

• Rising interest rates