Spending by households drove Britain's economic recovery once again in the third quarter despite a slight fall in disposable incomes and weaker business investment growth than previously reported, Reuters cited official data as showing on Tuesday. The economy grew by 0.7 percent in the July-September period from the second quarter, in line with a previous estimate and slowing only a bit from a revised 0.8 percent between April and June. In annual terms, growth was revised down to 2.6 percent from a previous reading of 3.0 percent, hurt by lower business and government investment and higher imports than thought in an earlier estimate. Household spending rose 0.9 percent from the April-June period, picking up speed from the second quarter, and was the main driver of growth.
