UK economic growth predictions revealed

<p>The economy grew by 0.6 per cent in the second quarter, it has been claimed.</p>

A new report has indicated that the UK's economic growth was 0.6 per cent for the second quarter of the year, up from 0.3 per cent in the first three months of 2013.

According to the National Institute of Economic and Social Research (NIESR), the period between March and June saw the recovery speed up.

It was explained by the organisation that these predictions have been made largely due to the performance of the private service sector.

"Unless output turns down again, the recession is over, while the period of depression is likely to continue for some time," said the NIESR in a statement.

This comes shortly after the International Monetary Fund stated it now expects the UK's economy to grow by 0.9 per cent for the year as a whole.

The body had previously stated that it believes the country's economy will expand by 0.7 per cent during the course of 2013.

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