In the three months to June, £23.2bn flowed into the country from overseas
Britain smashed foreign investment expectations and increased exports according to a major revision of official figures.
The Office for National Statistics revealed that in the three months to June, £23.2billion flowed into the country from overseas compared with previous forecasts of £16billion.
It also reported business investment was up 2.5 per cent over the period despite estimates that it had stagnated, and said exports contributed 0.4 per cent to quarterly growth, after it was predicted to be 0 per cent.
Household finances were also better than expected, with real disposable income growing 1.6 per cent – the highest in two years.
However, the economy grew more slowly than previously thought in the second quarter.
GDP was up 1.5 per cent, down from an estimate of 1.7 per cent, and lower than the 1.8 per cent in the first quarter.
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