Economic trends: road to recovery

Signs of recovery augur well for 2014, but it is essential to monitor and manage the risks, says John Hawksworth

After a difficult 2012, 2013 was a much better year for the UK economy. Growth was somewhat above its long-term trend in both the second and third quarters of the year and our analysis suggests that growth should pick up further to around 2.4% in 2014 – the fastest since before the recession began in 2008.

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