Following news that the UK economy has grown by 1%, Surrey County Council’s Deputy Leader Peter Martin said:
“This is extremely positive news and Surrey is pleased to have played its part in helping to drive the UK’s recovery.
“The Olympic cycling events we staged provided a huge shot in the arm for the economy. The spending power of a million spectators and around 30 national teams descended on the county and Surrey businesses won nearly 300 Games-related contracts worth more than £800m.
“But our efforts to promote UK PLC go way beyond the Games. We’ve been working with businesses to promote innovation, creativity and entrepreneurship and to ensure people have the skills they need to succeed.
“We have more start-up businesses reaching significant turnovers than anywhere outside London, done a superfast broadband deal to make Surrey the UK’s best connected county and thrown our weight and money behind apprenticeships to provide businesses with the skilled workforce of the future.
“Surrey generates £28 billion annually for the UK economy and contributes more net taxation to the UK Exchequer than any area outside the City of London and we will continue to do everything possible to help the Government accelerate the pace of growth so the recession is consigned to the history books.”
The Office for National Statistics released the figures for growth between this July and September.