Britain predicts steady growth in 'election year'
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Reaching out to voters ahead of a British general election expected next year, the country's finance chief Gordon Brown promised steady economic growth and low inflation in 2005.
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Growth in the Scottish economy will continue its upward trend into next year, according to a report.
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The British economy grew by 3.7 percent in the second quarter of 2004 compared with the same period of the previous year, according to unrevised published official figures.
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Gordon Brown will set the economic battleground for the next general election in his pre-Budget report.
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Britain&#039;s economy grew by 0.6 percent during the first quarter of 2006, unchanged from the previous quarter and leading to the fastest annual growth pace since 2004.
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The UK economy grew at an annual rate of 3% in the first quarter of the year, raising the chances of more rate hikes.
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The population of the UK will increase by 4.4 million to 65 million by 2016, according to new estimates.
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U.S. economic growth will remain  steady in the next year as inflation moderates, the U.S.  Chamber of Commerce forecast on Thursday, brushing aside  concerns that the downturn in housing could spark a full-blown  recession.
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Britain's economy grew 0.7 percent in the third quarter, according to official data published Thursday.
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The slowing U.S. economy is unlikely  to sink into an election-year recession and an economic rebound  could begin as early as next year as housing and financial  market turmoil fades, the Congressional Budget Office forecast  on Wednesday.
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Researchers suggest spring is likely to arrive early in the UK.
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Economic growth will likely pick up modestly in the second half and then return to near-trend growth in the first half of 2008, according to a survey conducted by the Philadelphia Federal Reserve Bank.
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Apathy will be the winner of the British general election on May 5. If Labour remains well ahead in the opinion polls, many will view the result as a foregone conclusion - as they did in 2001.
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China will continue to achieve rapid but stable economic growth in 2007, the head of the National Development and Reform Commission, China's top economic planning agency, said on Wednesday.
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The pound was steady despite further evidence emerging of a sharp slowdown in the British housing market.
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Leading US chief executives see steady growth in the US economy though 2007 underpinned by strong consumer spending, a survey showed Tuesday.
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Treasury chief Gordon Brown said Thursday that the British economy will continue to grow strongly in 2004 and that the government will meet key targets on public borrowing, bettering the expectations of many economic forecasters.