Better Growth Figures should not mask battles ahead
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Among our political classes, this latest GDP data is widely viewed as “game-changing”. The Tories, while not wanting to tempt fate by claiming to have spotted the “green shoots of recovery”, are nevertheless cock-a-hoop. The economy is “on the mend”, says George Osborne, the newly-emboldened Chancellor. On the surface, at least, that seems plausible.
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