Britain's business association, the CBI, revised up its forecast for the country's economic growth next year to 2.4 percent on Sunday, predicting a rebound in business and housing investment.
The previous quarterly forecast from the Confederation of British Industry, in August, expected 2014 gross domestic product growth to be 2.3 percent.
"The recovery that started in the service sector has fanned out to manufacturing and construction, and is shaping up to be more broad-based," said CBI Director-General John Cridland.
Many economists have revised up their growth forecasts in recent months on signs of strong expansion in the third quarter of the year.
An October 2013 Reuters poll of economists showed an average forecast of 2.2 percent for 2014, building on expected growth of 1.4 percent this year, the same as forecast by the CBI.