U.K. Economy Grows, Worries Remain

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BY AINSLEY THOMSON AND NICHOLAS WINNING
LONDON—The U.K.’s economic growth accelerated in the second quarter as all sectors expanded for the first time in almost three years, official data showed Thursday, raising hopes that a sustained recovery may take hold.
In its preliminary estimate, the Office for National Statistics said gross domestic product grew 0.6% between April and June compared with the first quarter. Economic output was 1.4% higher compared with the second quarter of 2012—the strongest expansion since the first quarter of 2011.
On an annualized basis, GDP grew an estimated 2.4%, the ONS said. Thursday’s data were in line with economists’ forecasts.
But despite …
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