UK economy basks in manufacturing growth, IMF upgrade

Apr 09, 2014

LONDON, April 8 (Reuters) - Britain got a double boost on Tuesday as its recovery from recession gathered momentum and the International Monetary Fund raised the country's growth forecasts more than for any other major economy.

Factories expanded production far more quickly than expected in February, UK statistics office data showed. Separate surveys showed a strong first quarter for companies and a long-awaited pick-up in wages.

More from Rueters>>