UK growth was weaker than previously believed in 2010,but stronger in the three years that followed, the ONS has saidCast your mind back to early 2013. The economy’s recovery from the deep recession of 2008-09 had stalled for a moment time and there was much speculation that Britain was on the brink of a triple-dip recession.
It now turns out that the economy was under no such threat. The latest data revisions from the Office for National Statistics shows growth was weaker than previously thought in 2010, and but stronger by an average 0.4 percentage points in each of the next three years. There was no double-dip recession,let alone a third setback.
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Source: theguardian.com