BUSINESS LIVE: UK GDP up 0.3%; Burberry cuts profit target; Vistry cheers easing of mortgage rates

The British economy expanded by 0.3 per cent in November, surpassing forecasts of 0.2 per cent growth, fresh data from the Office for National Statistics shows.

The FTSE 100 is up 0.8 per cent in afternoon trading. Among the companies with reports and trading updates today are Burberry, Vistry, John Wood Group and Warpaint. Read the Friday 12 January Business Live blog below.

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