British economic growth picks up speed

British economic growth accelerated in the first quarter amid signs that the recovery is broadening beyond consumer spending.

29th April, 2014
Britain is on track to have the fastest-growing economy of any Group of Seven nation in 2014.

British economic growth accelerated in the first quarter amid signs that the recovery is broadening beyond consumer spending.

Gross domestic product expanded 0.8 per cent from the final three months of 2013, when it grew 0.7 percent, the Office for National Statistics said today in London. That compares with a median forecast of 0.9 per cent in a Bloomberg News survey.

Britain is on track to have the fastest-growing economy of any Group of Seven nation in 2014, raising...

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