property prices

Flat-lining GDP aligns with predictions of growth in late 2013

The economy shrank by 0.03% during the last quarter of 2012 despite shares in the FTSE 100 edging towards a four and a half year high, according to figures released today by the Office for National Statistics. The figures do not come as a shock, however, as the Office for Budget Responsibility (OBR) correctly forecasted the results following strong growth in the third quarter of last year.