UK economy grows at the fastest pace in four years

Telegraph
"Mr Osborne said: "Today's figures show the private sector contributing all but 0.1pc of the growth in the second quarter, and put beyond doubt that it was right to begin acting on the deficit now." "While I am cautiously optimistic about the path for the economy, the job is not yet done. The priority now is to implement the Budget policies which support rebalancing and help ensure the sustained growth that the Office for Budget Responsibility forecast this year and next." The pound jumped more than a cent against the dollar to $1.54 on the release of the figures.Nonetheless, leading economists warned the growth could be "as good as it gets" for the UK economy. "