British economy expands more than previously estimated

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Source: Marketwatch
According to official data released on Tuesday, UK economy was underestimated in 2014 and in the Q1 of 2015. British GDP grew 1.5% year-over-year versus the previous figure of 1.2%, moreover, the GDP rose 0.4% against the estimate of 0.3% in Q1 of 2015. In addition, the output expanded 3% in 2014, compared with the initial reading of 2.8%. Analysts hope that this positive data indicates that the economy has picked up its pace of recovery. 
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Tue, 30 Jun 2015 13:35:04 GMT

Oil prices soar ahead of Iran nuclear deadline

Oil prices advanced, as negotiations on Iran's nuclear deal was set to miss the Tuesday's deadline. London-traded August Brent crude futures soared 1.5% to $62.93 a barrel and the New York-traded WTI futures for August rose 0.9% to $58.82 a barrel. If a deal were to be struck between Tehran and the West, it would allow Iran to export oil

Tue, 30 Jun 2015 10:07:05 GMT

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