America puts Britain in shade
Saturday 28 January 2012
The US put the shrinking British economy firmly in the shade at the end of 2011, growing at the fastest rate for a year and a half.
The world's biggest economy expanded at an annual pace of 2.8 per cent between October and December, short of hopes of 3 per cent, but still a marked acceleration from the third quarter's 1.8 per cent. Car makers, which suffered badly after the Lehman Brothers crisis, were among the star performers.
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