GDP revised down

28 July, 2011


The final revision of UK Q3 GDP, released this morning, showed worse growth figures than previously expected, showing that the UK is still stuck in recession.

The news comes as a blow for anybody sending money overseas, as the Pound has struggled due to the UK recession, while other European economies have recovered much more quickly.

With no further major UK data out this side of Christmas, do speak to Currency Index now if you have any overseas payments to make.