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"The boost to the economy at the end of the year came from a range of services including recruitment agencies, letting agents and office management", Darren Morgan, the ONS' head of GDP said in a statement.
The ONS has once again highlighted the importance of Services to the United Kingdom economy with the sector remaining the main driver of growth in its first estimate of GDP for the fourth quarter, up 0.6 percent.
BRITAIN'S economy is growing faster than before, it emerged today - defying Brexit doom-mongering. City economists had forecast growth of 0.4%. "Other services - notably consumer facing sectors - showed much slower growth".
At the same time, construction contracted for the third quarter in a row, falling by 1%.
Compared with the same period in 2016, growth between October and December slowed to 1.5 percent, its weakest pace since the first quarter of 2013 and down from growth of 1.7 percent in the third quarter.
Production industries grew by 0.6%, boosted by the second consecutive quarter of strong growth in manufacturing.
"The UK missed out on the global upswing as Brexit uncertainty weighed on economic activity", said Kallum Pickering of Berenberg.
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Mckinley Capital Management LLC Delaware acquired a new position in LPL Financial during the second quarter valued at $104,000. The average twelve-month target price among brokerages that have issued ratings on the stock in the a year ago is $58.25.
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"As he put it, "there is the prospect this year, as there is greater clarity with the relationship with Europe and subsequently with the rest of the world, for a conscious recoupling of the United Kingdom economy with the global economy".
"Whether this year's growth comes from Britain's seemingly rediscovered mojo, or simply from the United Kingdom riding in the slipstream of a booming global economy, is moot".
It should be noted that Friday's GDP figures could still be revised higher or lower, and reflect a preliminary sample of all the data the ONS collects about the quarter.
Mr Dixon says there are two things to highlight from fourth quarter GDP growth.
The Bank of England said last month it expected the economy might have slowed slightly in late 2017.
However, sterling picked up by around 0.3 per cent to $1.4283 in the wake of the data, suggesting that many traders expect the stronger figure to prompt the Bank of England into raising interest rates again sooner.
"We are pulling forward our forecast for the next interest rate rise to August, from November", said Samuel Tombs of Pantheon.
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