U.K. growth upgraded to 3% in 2014

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Source: RTT News
Economic outlook for the United Kingdom was upgraded by the Confederation of British Industry citing ongoing recovery and as business investments rose, a report released by the confederation showed on Monday. According to the report, the nation's growth forecast was lifted to 3% for 2014, up from initial estimate of 2.6%.

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Mon, 12 May 2014 17:45:03 GMT

U.K. stocks gain led by miners

U.K. shares advanced on Monday trading session after recording a weekly drop last week as mining companies led the rally overshadowing notable drop of British Broadcasting Group Plc. The benchmark stock index FTSE 100 rose as much as 0.5% to 6,845.41 as of 2:44 p.m. London time following last week's 0.1% decrease, while the broader FTSE All-Share gauge jumped 0.5%.

Mon, 12 May 2014 17:23:03 GMT

France's GDP may rise 0.2% in Q2: Bank of France

France's GDP is likely to expand in the Q2 at the pace recorded in the first three months of this year, the latest outlook revealed by the Bank of France showed on Monday. According to the bank, the country's economy may post a growth of 0.2% in the Q2 compared to a 0.7% advance estimated by the statistical office Insee

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