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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: UK economy grew in October, Microsoft builds LSE stake

GDP figures showing the UK economy expanded 0.5% in October today launched a packed week for economic announcements.

The rebound from the previous month’s fall of 0.6% is unlikely to allay the UK’s recession fears, with the Office for National Statistics pointing out the economy contracted over the last three months as a whole.

Meanwhile, it emerged today that Microsoft is to buy a 4% stake in London Stock Exchange as part of a 10-year strategic partnership for next-generation data and analytics and cloud infrastructure solutions.

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