The Office for National Statistics (ONS) released its final gross domestic product (GDP) data on Wednesday. The final U.K. GDP expanded at 0.7% in the second quarter, in line with August's estimate, after a 0.4% rise in the first quarter.

On a yearly basis, the revised U.K. GDP rose 2.4% in the second quarter, missing August's estimate of a 2.6% increase, after a 2.7% gain in the first quarter. The first quarter's figure was revised down from a 2.9% rise

The downward revision was partly driven by a slower pace of the services sector. The service sector climbed 0.2% in July, compared with a 0.6% rise in June.