Rapid UK growth on course to continue

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Britain's rapid growth rate will become "ingrained" and more balanced, the European Commission said on Monday, as two separate reports suggested the strong rate of expansion was likely to continue.

The EC now expects the UK economy to grow by 2.7% in 2014, compared with a forecast of 2.5% three months ago, the Telegraph reports. It also upgraded its forecast for 2015 growth to 2.5%, from a previous estimate of 2.4%. "Growth is expected to become firmly established...

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