Thursday, October 25, 2012

U.K. Economy Breaks Out of Recession


The British economy has made its way out of recession, posting one per cent growth in the third economic quarter of 2012, official data shows. The growth was the strongest quarterly GDP performance in five years, Thursday's data showed. The jump in growth was subject to a number of temporary factors, including the Olympics, which may mask a weaker underlying picture. But it was still much better than expected and may mean Britain's full 2012 economy will not be in the red. Al Jazeera's Laurence Lee reports from London.

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