UK Economy Avoids Triple-Dip Recession

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editors
The UK economy returned to meagre - but better than forecast - growth in the first quarter of 2013, averting the prospect of a triple-dip recession.

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The UK economy returned to meagre - but better than forecast - growth in the first quarter of 2013, averting the prospect of a triple-dip recession.

According to the first estimate of gross domestic product (GDP) by the Office for National Statistics (ONS) there was overall growth of 0.3% in the period - driven by the service sector, although construction remained in the doldrums.

 

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