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UK's Osborne Says GDP Data Show Recovery Is Broadly-based

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January 28, 2014 AT 3:12 AM
Britain's finance minister George Osborne said on Tuesday that new economic growth figures show the recovery is broadly based, and that abandoning the government's economic plan would be the biggest risk to it continuing. Britain's economy grew 0.7 percent in the fourth quarter of 2013 and recorded its fastest annual growth since the financial crisis, despite a slight slowdown in the last three months of the year, official data showed on Tuesday.