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.