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UK growth 'fastest in 10 years' says business lobby group

The UK economy is growing at a faster pace than it was at the height of the 00s boom, according to figures from the Confederation of British Industry (CBI).

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Britain 'leading, not following' with increased growth

The British Chamber of Commerce (BCC) has praised British growth, saying its latest forecasts show the UK is "leading, rather than following, other major economies" in terms of short-term growth.

Echoing praise from the Confederation of British Industry, the BCC upgraded its growth forecast for this year from 2.8% to 3.1% and for 2015 from 2.5% to 2.7%.

BCC director general John Longworth said the latest forecasts were "great news". Credit: PA

Director general John Longworth congratulated businesses "for their hard work and determination in the face of many challenges over recent years".

But he added that British businesses "still have a lot of work to do", saying: "Everything possible must be done to avoid slower growth in future. We need to invest, innovate, export and build."

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