UK Economy Grows to Surpass Pre-Crisis Peak

July 25, 2014 10:45 AM

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Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday.

The Office for National Statistics said gross domestic product grew by 0.8 percent in the three months through June compared with the previous quarter. It expanded 3.1 percent over the year, putting it 0.2 percent ahead of its pre-crisis peak in early 2008.

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