The British pound rose shortly after today's growth report, going up 0.25 percent against the U.S. dollar to $1.317.
Earlier, preliminary data from the Office for National Statistics said that GDP grew by 0.4% in the third quarter of 2017, above expectations of 0.3% growth.
Analysts said the slight pick-up in growth has increased chances of a rate hike at the next meeting of the Bank of England's monetary policy committee.
That being said, the CBI data could easily be overlooked tomorrow as European Central Bank (ECB) members gather for the bank's latest rate decision.
Financial markets nudged up the chance of a move to almost 90% from just over 80% before the data. However, its percentage contribution to GDP means its impact on overall growth in the quarter was limited.
"My focus now, and going into the Budget, is on boosting productivity so that we can deliver higher-wage jobs and a better standard of living".
Daniel Hegarty, chief executive officer and founder of Habito, said today's results makes an interest rate hike next week nearly certain: "For most people, the real impact of today's GDP announcement will be felt with the Bank of England's interest rate decision next week".
In the short-term, a further argument in favour of higher rates might come from solid bank lending figures from industry association UK Finance.
The production-side breakdown of GDP showed that services remained the largest contributor to GDP growth, with the 0.4 percent quarterly expansion.
According to the ONS, the figures bring the estimated full year growth to 1.5% - meaning that the economy is expanding at a slower rate than in 2016, which stood at an annualised rate of 1.8%.
Another report from the ONS showed that the index of services climbed 0.2 percent in August from July.
The jump in growth over the last quarter appears to have largely been attributed to the UK's service sector, with robust growth in Britain's most significant wealth generating sector helping to offset a decline in other areas.
Recent comments by BoE rate-setters, interpreted by the market as striking a note of caution with respect to rates, have added to the climate of uncertainty.
The auto manufacturer reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.21. Comparing that to the current price of $12.10, you can formulate an opinion of whether the company is over bought or oversold.
Pre-Euro 4 vehicles are typically those registered before 2006 that are approximately over 12 years old, but TfL advise anyone who has a auto registered before 2008 to check if their vehicle is eligible for the charge.
UNITED will look to bounce back from their first domestic defeat of the season when they travel to South Wales this evening. Crystal Palace gained no respite from their Premier League struggles as they were beaten 4-1 away to Bristol City .
I will make it very clear and candid to you, we all know that right from the word go that communication has been our strong point. Virat Kohli will continue to lead the side in both the T20 and Test series.
Also, flushing unwanted drugs down the toilet or throwing them in the trash can cause safety and health problems, Smith said. However, needles, syringes, thermometers, IV bags, medical devices and personal care products are not accepted.
During the meeting, they discussed matters of bilateral interest; cooperation in different sectors and regional situation. In a speech at the Vivekananda International Foundation (VIF), a think-tank, in Delhi, Mr.
A New York Times report said Weinstein settled sexual harassment claims with at least eight actresses and staffers. Since the start of this month, Weinstein has faced numerous allegations of harassment and sexual abuse.
The newspaper interviewed the women, who detailed similar encounters with the 72-year-old director over the years. Toback has denied the allegations against him, saying he never met any of the women for more than five minutes.
Kid Rock: 'F**k No, I'm Not Running for Senate'
Michigan-born musician Kid Rock ended the speculation about his political future Tuesday - he's not running for U.S. Rock, in terms so vulgar as to be absurd, added he might run in the future "if the left wing keeps f-ing with me".
Nintendo Switch Will Let You Record But…
In the console's recent 4.0 update, Nintendo allowed the GameCube controller to work with the Switch using its adapter. Red Bull Games got to interview the developer and, interestingly, Golf Story was originally meant to be on the Wii U .
Cisco to buy BroadSoft in $1.9 bln deal
The market day ended with the two companies enjoying a rise in their shares, with Broadsoft enjoying a 1.5% boost before the bell. If successful, this would be Cisco's second major acquisition this year, after it bought AppDynamics for $3.7bn back in March.
Ewan McGregor Split from Wife Co-Star Kissing Pics Surface
The couple, who have four children together, broke up in May but made a decision to keep the news under wraps, People reports. The two have four daughters together. "As they left she got onto the back of Ewan's motorbike and they sped off together".
Singapore to limit number of cars on road
The island city-state also vowed to invest heavily in public transportation to help the city's growing population get around. Reuters reports a mid-range auto in Singapore typically costs four times the price in the United States .
Of Course Patrick Beverley Shut Down Lonzo Ball
Isaac had 4 points, 8 rebounds and 2 blocks in Orlando's 116-109 victory over Miami. "I just had to set the tone, man", he said. You can get him better with the film time and the coaching.
Eighth Child Reported Dead From IKEA Dresser Malfunction
An IKEA Malm dresser that can tip over when a toddler opens one of the drawers and tries to climb on it has led to another death. Ikea consumers are entitled to a full refund for recalled chests and dressers manufactured between January 2002 and June 2016.