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The National Institute of Economic and Social Research (NIESR) released its estimate of gross domestic product (GDP) for the U.K. on Friday. The GDP estimate declined to 0.6% for the fourth quarter from 0.7% in the third quarter.
According to NIESR, the economy grew at 2.6% in 2014, up from 1.7% in 2013. That was the best reading since the financial crisis.
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