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The leaders of the world's seven richest nations plus Russia will today sit down at the start of their annual summit. The so-called Group of Eight will meet in a new conference centre called Bankoku Shinryo ("bridge across the world"), purpose built on a palm-fringed bay on the southern Japanese island of Okinawa.
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Manufacturers slashed output in the first three months of the year, causing a dramatic slowdown in the pace of economic growth, government figures revealed yesterday.
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The Confederation of British Industry yesterday urged Gordon Brown to boost investment in next month's Budget as it cast doubts on the chancellor's claims to have eradicated the boom-bust cycle in the British economy.
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Sterling hit its highest level for 14 years yesterday, with City analysts predicting that it could rise further still.
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Britain's hi-tech boom powered the biggest gain in manufacturing output for four-and-a-half years in November but the strong pound is still handicapping many more traditional industries, according to official figures published yesterday.
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The Government will be attacked by one of its closest union allies for sacrificing manufacturing jobs in the north of England for the sake of tempering growth in the South, and for its obsession with boosting high-tech, high-risk businesses.
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Is Gordon Brown the most brilliant Chancellor since records began? Is the British economy in quite such good shape as most people seem to think it is? And if so, why isn't the Iron Chancellor abandoning some of his armour so that he can more easily get at his war chest?
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The baby-kissing season is almost upon us once more. New Labour is no longer so new. Already its term in office is probably almost two thirds complete. As the next electoral battleground is mapped out, so Britain's investment agenda for the next 18 months will be defined.
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The manufacturing sector is on the road to recovery with output expanding at its fastest pace for almost five years in the third quarter of the year, government figures revealed yesterday.
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A surge of activity in the services sector powered the economy to its fastest growth rate for two years in the third quarter, extending Britain's longest period of expansion on record to more than seven years, according to official figures published yesterday.
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Gordon Brown, the chancellor, last night disclosed that his pre-budget report in November would focus on reforming labour, capital and product markets in an effort to transform Britain into a higher growth economy.
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After years in which the financial markets worried that the British government was borrowing too much, it is becoming clear that the government is not borrowing enough. This is having serious consequences for pensioners, among others.
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The British economy is beginning to fire on all cylinders, with manufacturing bouncing back from recession to record the strongest growth for 18 months, according to a survey published yesterday. The turnaround is combined with continued expansion in the services sector.
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Hopes of a recovery in the manufacturing industry were reinforced yesterday by a business survey recording the first rise in optimism among factory bosses for nearly two years. But the upswing is likely to be subdued, with output and orders held back by the strength of sterling.
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The International Monetary Fund has downgraded its growth forecast for the British economy for the second time in six months in a move which puts its assessment sharply at odds with that of the chancellor, Gordon Brown.
A plan for picking winners