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Economy's growth fastest since 2010 but can it be sustained?

Chancellor George Osborne. Photo: Stefan Rousseau/PA Wire

The Chancellor has been visiting a factory near Leeds today which makes the fabric for snooker tables.

Surrounded by bolts of bright green baize - the company was carefully chosen because its exports to China are growing - George Osborne reacted to today's GDP figures which suggest the economy was growing at 0.8% in the third quarter of this year.

"Of course, we're emerging from a very difficult recession which hit some parts of the economy very hard," he told me in an interview.

"But the numbers we have today show the recovery is gaining momentum. If Britain is growing then the finances of Britain will start to grow."

This quarterly figure is pretty strong. If the economy carried on growing at this rate it would notch up over three per cent growth in a year - faster than other advanced economies.

The big question is whether this can be sustained.

The Chancellor is no longer snookered with talk of triple-dip recessions but, amid all that green baize, he's yet to pot black.

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