LONDON: More spending by Britain's consumers suggests the economy will grow faster than previously thought this year and in 2014, a leading macroeconomic think tank said on Friday.
The National Institute of Economic and Social Research (NIESR) revised up its economic growth forecasts for both 2013 and 2014 by 0.3 percentage points to 1.2 percent this year and 1.8 percent next year.
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