A jump in government spending helped fuel the UK’s economic growth in the second quarter, the country’s Office for National Statistics said.
Government spending grew 1% in the quarter, the fastest rate in over a year, Bloomberg News reported. This contributed to economic growth of 1.2% for the quarter.
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The Conservative-led coalition government is preparing tax increases and budget…
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Increased Government Spending Fuelled UK Economic Growth originally appeared on DailyFinance on Tue, 28 Sep 2010 07:45:00.