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Economy to grow

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06/02/2006

The UK economy is on course to grow throughout 2006, according to a report that will strengthen the consensus view that the Bank of England will leave interest rates on hold this week.

A survey of optimism among business leaders points to a surge in the annual growth rate in the summer to 3.4 per cent, double last year’s 1.7 per cent and well above its long-run trend rate of growth.

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