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Has growth returned?

Whoever wins the 2015 election may win the next one too

By David Hale   June 2013

Will George Osborne’s latest policies bring growth? (© LEON NEAL/AFP/Getty Images)

The British economy has been in the doldrums for nearly  18 months. It has been the United Kingdom’s longest period of sluggish growth since the early 19th century and its performance has lagged behind all other G7 countries, except for Italy.

There was relief at the Treasury in April when official figures showed that the economy grew by 0.3 per cent in the first three months of 2013 and avoided the danger of a “triple dip”—a third period of…

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