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UK economy grew 0.5% in aftermath of Brexit vote, down from 0.7%

UK economic growth slowed down following the Brexit vote in June's EU referendum - but less than predicted, official figures show.

The Office for National Statistics said GDP grew by 0.5% in the third quarter from July to September, compared to growth of 0.7% in the three months to June.

Chancellor Philip Hammond said: “The fundamentals of the UK economy are strong, and today’s data show that the economy is resilient."

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Quarterly GDP figures 'better than anticipated'

The UK economy grew by 0.5% in Q3 Credit: PA Photos

Today's GDP figures for the last quarter were "better than anticipated" said ITV News Business Producer, Joanna Partridge.

The 0.5% growth in Q3 slowed from the previous quarter which recorded a 0.7% growth, but the post-EU referendum slowdown wasn't as bad as some experts had predicted.

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