BusinessCompany NewsPBR: Chancellor will meet growth targets

PBR: Chancellor will meet growth targets

Chancellor Gordon Brown has said the UK will reach its GDP growth forecast in 2004 of 3-3.5%.

Brown also forecast that growth would be at the same rate next year.

Inflation he said would 1.25% this year, but 1.75% in 2005 and 2% in the years after.

Next year’s GDP growth would be line with the average for G7 countries.

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