UK plc shows signs of growth

ukflagAfter a dreadful dose of the recession clap, it appears the UK economy is showing signs of growth.

It’s growth, but not much growth, according to the Office of National Statistics (ONS).

In the fourth quarter of 2013 the economy grew by 0.7 percent. GDP is growing at 1.9 percent and that is the best UK plc has seen since 2007.

Industrial production fell, and the construction industry fell, too, during the fourth quarter. The other vital signs are a fall in unemployment, while inflation is wobbling along at the Bank of England’s targeted rate of two percent.