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Economy out of recession

The economy grew by 1% between July and September, meaning that the economy is out of its double-dip recession. But there are concerns from economists that the recovery is "fragile."

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Unite: Growth 'too focused on London'

Unite the Union said the GDP figures are a reflection of the 'once in a lifetime' Olympics Credit: Press Association

Unite the Union said today's GDP figures show the growth in the economy is too London-centric and does not reflect what is really happening in the rest of the UK. General Secretary Len McCluskey:

"While any growth in the economy is to be welcomed, the picture is clouded by the artificial boost to the economy generated by Olympic ticket sales, a once-in-a-lifetime occasion, which was responsible for 0.2 per cent of this growth."

“Too much of the growth is centred on London and the service sector, a more realistic indicator is that the construction industry is still in the doldrums and its contribution to the last quarter’s GDP figures declined by 2.5 per cent."

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