Budget 2014: OBR raises UK growth forecast

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The Office for Budget Responsibility (OBR) has raised its forecast for UK economic growth this year as the recovery continues to gather pace.

The OBR is forecasting growth of 2.7% this year, an increase on the 2.4% expansion it predicted in December. This is the largest upwards revision between Budgets for 30 years, the Chancellor said. ...

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