Connect with us

archive

British Economy Strongest in Six Years

Coming on the heels of a 0.8 percent expansion in the third quarter, England‚??s gross domestic product grew by 0.7 percent in the final quarter of last year, according to the Office for National Statistics.

British Economy Strongest in Six Years (Bloomberg)

Coming on the heels of a 0.8 percent expansion in the third quarter, England‚??s gross domestic product grew by 0.7 percent in the final quarter of last year, according to the Office for National Statistics. For the year, that growth contributed to a national economic expansion rate of 1.9 percent — the highest since 2007. In addition, Q4 growth was spread across all industries, instead of being concentrated in one or two high-performing sectors. This growth also led the British pound to a 2.5-year high against the U.S. dollar. So, where can investors look to take advantage of a re-emerging England? Well, looking ahead, the International Monetary Fund predicts U.K. growth of 2.4 percent in 2014, revising its prediction from last October. The best-performing sector of the economy recently has been Services, and within that, business services and finance. So for investors looking to get back into the United Kingdom, why not start with the same sector that has the most at stake in a growing economy — and one of the sectors leading America‚??s resurgence — financials. Who else is more concerned about making more money?

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

Twitter free speech activist Lindsay Shepherd Twitter free speech activist Lindsay Shepherd

Twitter Bans Free Speech Champion Lindsay Shepherd For “Abusing” Trans Activist

CULTURE

Everyone’s Gone Nuts. For Power and Profit.

CULTURE

archive

British Economy Strongest in Six Years

British Economy Strongest in Six Years (Bloomberg)

Coming on the heels of a 0.8 percent expansion in the third quarter, England‚Äôs gross domestic product grew by 0.7 percent in the final quarter of last year, according to the Office for National Statistics. For the year, that growth contributed to a national economic expansion rate of 1.9 percent — the highest since 2007. In addition, Q4 growth was spread across all industries, instead of being concentrated in one or two high-performing sectors. This growth also led the British pound to a 2.5-year high against the U.S. dollar. So, where can investors look to take advantage of a re-emerging England? Well, looking ahead, the International Monetary Fund predicts U.K. growth of 2.4 percent in 2014, revising its prediction from last October. The best-performing sector of the economy recently has been Services, and within that, business services and finance. So for investors looking to get back into the United Kingdom, why not start with the same sector that has the most at stake in a growing economy — and one of the sectors leading America‚Äôs resurgence — financials. Who else is more concerned about making more money?

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Twitter free speech activist Lindsay Shepherd Twitter free speech activist Lindsay Shepherd

Twitter Bans Free Speech Champion Lindsay Shepherd For “Abusing” Trans Activist

CULTURE

Everyone’s Gone Nuts. For Power and Profit.

CULTURE

Connect
Newsletter Signup.

Sign up to the Human Events newsletter