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Britain will not bow.

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1 Britain will not bow. on Wed Jan 29, 2014 8:02 am

The past year, the British economy has grown with 1.9 percent, the biggest growth since 2007.
This was publiced by the Britisch national statistics agency Thuesday on basis of the first predictions.

In the fourth quarter of 2013 the British gross domnestic product went up by 2.8 percent on year basis.
That's the biggest growth since the first quarter of 2008.

According the statistics agency there was a growth visible in every sector, except for the construction sector (/building sector).
In 2012 the British economy proceeded with just 0.3 percent.

On quarter basis the economy of Great-Britain grew with 0.7 percent in the last 3 months of 2013.
This number equals the average expectations of the economists.
In the third quarter there was an economic growth of 0.8 percent.

Besides, in 2007 the British economy grew with 3.4 percent.
The International Monetary Fund predicted a growth of 2.4 percent for the British economy this month for this year and a growth of 2.2 percent in 2015.

ING-economist (ING = Dutch bank) James Knightley pointed out that the increase of jobs, the obvious recovery of the housing market and the growing economy of the eurozone - one of the most important export markets for GB - will make it likely that the British economy will grow with 3 percent this year.

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