UK economy set to outperform

UK - The UK economy grew faster than previously thought during the year to September 2001, according to new official figures.

UK economic output, or gross domestic product, for the year is now estimated at 2.2%, up from 2.1% previously, the Office for National Statistics (ONS) said on Thursday.

The higher annual growth rate is due to faster than expected economic expansion, especially in the leisure and retail sectors, during the first six months of the year.

The new growth estimate for the y