UK economy grows twice as fast as expected in Q3

Uk Economy Grows Fast Expected Q3 - Politics, Business, Civil, History - Posted: 26th Oct, 2010 - 3:54pm

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Business - European Economy
Post Date: 26th Oct, 2010 - 3:54pm / Post ID: #

UK economy grows twice as fast as expected in Q3

UK economy grows twice as fast as expected in Q3 (AP)
European Business News

Britain's Prime Minister David Cameron speaks at the annual Confederation of British Industry (CBI) conference, at the Grosvenor House hotel, in  London, Monday Oct. 25, 2010. Cameron promised to drive exports higher and cut regulatory red tape to encourage private sector innovation as his government seeks to replace tens of thousands of jobs lost because of harsh public spending cuts, using his speech to the annual conference of the country's leading business lobby group, to strike an upbeat note for the economy after a week dominated by the cuts - the deepest since World War II.(AP Photo/Dominic Lipinski, pa)  **UNITED KINGDOM OUT: NO SALES: NO ARCHIVE:**AP - Britain's economy grew by 0.8 percent in the third quarter, twice as fast as expected, according to official figures released Tuesday which will calm fears of a double-dip recession.



Source: Yahoo! News: Business - European Economy

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